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All Forum Posts by: Nieka McDowell

Nieka McDowell has started 1 posts and replied 10 times.

Post: Adam & Nikki. New to REI. MI/FL

Nieka McDowellPosted
  • Jacksonville, FL
  • Posts 10
  • Votes 4

Welcome to BP Adam,

Inspiring story and I am new to REI, but have learned so much since joining. The webinars and podcasts are great.

Good luck to you!

Post: Newbie Nieka McDowell living in Jacksonville FL

Nieka McDowellPosted
  • Jacksonville, FL
  • Posts 10
  • Votes 4

Thanks Stacy! I will look it up but will be working the regular 8-5 with my last day being on the 30th. 

That is wonderful, thank you for sharing your win, it made my day and gave me some much needed encouragement! 

Post: Multi-Member LLC Taxation

Nieka McDowellPosted
  • Jacksonville, FL
  • Posts 10
  • Votes 4

I have been debating whether to start out with an LLC or just start out with rentals in my name. Does it matter when you are first starting out and is there is a magic number of rentals, that once you hit, you should make sure you secure your LLC at that time?

Post: Newbie Nieka McDowell living in Jacksonville FL

Nieka McDowellPosted
  • Jacksonville, FL
  • Posts 10
  • Votes 4

Thanks stacy!

Post: Brian from Key West Florida

Nieka McDowellPosted
  • Jacksonville, FL
  • Posts 10
  • Votes 4

Brian,

You completely echo my sentiments.

I have wondered that as well and want to hear opinons. Thanks for asking that! 

Post: Newbie Nieka McDowell living in Jacksonville FL

Nieka McDowellPosted
  • Jacksonville, FL
  • Posts 10
  • Votes 4

Hi Kim,

That sounds nice! I havent figured out how to PM yet, but I would have liked to start out in the St. Johns area, but that will have to wait at least a year. I have to overcome the financing side. I continue to hear you have to get creative but I have never been one to ask for money, granted I understand the point is to pay it back, but I have not built up to that point yet. I  hope to save enough for a small deal and then continually build on that...or until I am comfortable with other creative strategies.

Post: Newbie Nieka McDowell living in Jacksonville FL

Nieka McDowellPosted
  • Jacksonville, FL
  • Posts 10
  • Votes 4

Thank you all so much. I have some good info to look into and I definitely feel welcome and cimfortable with everyone's responses.

I am excited about taking this step to join BP!

Post: Newbie Nieka McDowell living in Jacksonville FL

Nieka McDowellPosted
  • Jacksonville, FL
  • Posts 10
  • Votes 4

Hi BP community,

I am new to RE investing. I grew up with parents that have a few rental properties and worked in property management for 4 years, and an MBA, but I want to get into RE investing on another level full-time. I have been wishing, and researching, and strategizing the types of properties my husband and I would invest in, how we would manage them, and its time to take another step. The biggest hurdle is financing, so once that piece is solved for, we will be able to take another step. For now, we are looking to network and learn from others already in the business who are willing to share lessons and things they wish theythey knew in the beginning.

Post: Long Distance Investing Success Story

Nieka McDowellPosted
  • Jacksonville, FL
  • Posts 10
  • Votes 4

Thanks @Brendan Perlee, that helped me as I did not know whether to look where I currently reside, Jacksonville, FL or to where I will be moving back to, which is the Charlotte, NC area. Great post!