Hope this exercise illustrates the fact the BRRRR and cash flow are not always indicators of success and far less time could have been invested to achieve a more favorable result by purchasing in Market A at the start.

Hi, I'm a pro member and I've been away for about six months(medical).

The rest of the day will be seen as Benchmarking exercises: beaches and good food!

With loan extension you might have to come up with extra payment to get DSCR in range lender will approve.That is why to go through this exercise NOW and if you know tenant wants 300k TI to extend and bank wants 300k to pay down estimated balance when new loan placed you need 600k to come up with.

If it was medical debt or mortgage debt, you’d be getting more help here.We know how you live - fiscally irresponsibly. 

So people vulnerable to lawsuits, such as medical doctors in “high risk” specialties, might consider placing assets in a trust.  

If you put landlording next to exercising, exercising might be more passive as an activity.

How’s your experience with Realty-Medics?

This whole exercise may or may not make sense depending on the reason for doing it.

For existing companies, individuals who own at least 25% of the entity or exercise substantial control over it must submit BOIR to the Financial Crimes Enforcement Network (FinCEN) by December 31, 2024.