For a typical duplex or triplex, insurance can range from $1,500 to $3,000 annually, with flood insurance adding $600 to $2,000+.I’d suggest starting with a thorough market analysis to get a better understanding of the neighborhoods you're interested in.

Here are some local meetups and groups in the Portland Metro area that you might find helpful:Local REIA Group: A solid place to start for networking and learning as mentioned by Melissa!

The goal is to avoid surprises, understand what challenges may be present, and what impact the results of inspections may have on our future operations of the park.Inspections - If all of the above checks out, now it's time to start spending money on paid inspections.

I'm able to start with my annual goals and break them down quarterly, then into monthly and weekly tasks, then down to daily habits and tasks.

But as someone trying to get their first deal, I am not hoping to get a great deal but just an okay deal, which means a cap rate around 6-7% with at least neutral cash flow to start off.

(The arrangement was that they pay me for electricity because they share electric with other unit.) and they started to complain about roof leak which caused them hardship.

We'd like to purchase another property but are not sure how to capture some of the equity we have in the current property to start making offers.

Starting a business or investing can make a person feel scared and anxious -- start anyway.I'm not much of a planner and bought my first home in 2017, I didn't have the capital for the downpayment at the time.

Recently, I’ve started adding a serving tray with items to help my guests feel more comfortable during their stay, including a QR code to an online welcome packet.

Once you have that you can go to any bank and open a bank account in the name of ABC Management.Your plan is exactly what I did when starting as I too was looking to avoid an LLC right off the bat.