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Updated over 1 year ago,
Inherited Portfolio. I'm Here to Learn and Network
Greetings!
I recently inherited a decent portfolio including some multifamilies and SFHs when my Dad passed away. I have limited experience in residential real estate investing, though I'm coming up to speed as quickly as possible.
I've interviewed all my property mangers. I've read Mutlifamily Millionaire Vol 1 (working on Vol 2). My goal is to increase cashflow to the point where I can replace my income as a software architect.
Analyzing my properties, I have a long way to go. However, none of the properties have any leverage. I see lots of potential to create that income!
It's a pretty solid portfolio. I'm not making any sudden moves with it until I know what I'm doing.
I really like the resources and community I'm finding at BP. I'm looking forward to connecting with you!
Jeff