All Forum Posts by: Donald MacMillan

Does anyone have any recommendations for real estate conferences that double as a vacation destination?

Does anyone know of a good Property manager in the Carrabassett Valley area of Maine?

@Dan Weber we won’t be able to make this one.

@Amy Raye Rogers Greenland. The US should buy it from Denmark and rename it New Alaska.

@Dan Weber I’ll be there!

We have a nice home that has appreciated significantly. We bought it a few years ago with a 15 year note. We own 2 duplexes that cashflow well. I am the primary bread winner, my wife wants to quit her job and be a full time realtor. The monthly payment is hefty, but we can swing it. My question is, should we refinance the 15 year to a 30 year? the payment would then equal our cashflow from our investment properties. And we could then use the extra cash to buy additional properties.

Or do we keep the 15 year note and keep on the current pace? We would have to really tighten our belt if my wife quits her job and she starts making some sales as a realtor.

Thoughts?

Donny Hinkley Bangor Savings Bank 

Please tell him I referred you. 

@Michelle Hicks Hi Michelle. I have a couple of places in Biddeford too. DM me for GC names to use and ones to avoid.

@Ellie Ryan why not buy a multifamily if contractors are backed up with jobs. House hack it and use it as your springboard for investing/flipping?

@Courtney Oldrin, Biddeford is booming!