You will benefit from their credit use and it will build your credit score without having to spend anything.1.

I have suggested twice that if this tenant is so unhappy with my style of management that perhaps moving out would be the best solution only to be told that I’ll have long since sold the building before they leave.

House Hacking via VA loan and 2nd home are on the table, but I am not limiting to that.3-year goal:-Look towards multi-family property or opportunities to build ADUs.

I used prime realty property management for my 12-unit building until I sold in November 2022.

The problem with that is two-fold: first there are likely existing assets that are not replaced that qualify for shorter asset lives so you're leaving money on the table, and second you have no cost basis for the removed assets replaced in the remodel as they're intertwined with the initial building cost basis so you'd technically still be depreciating retired assets which is tax fraud. 

HI all,Looking for an architecture firm to build a new building next to and expand an existing 6 unit Multifamily.Thanksat

I know most wont do that but rental income to me is not going to move the needle when your main income is real estate fee's and building homes etc hard to get excited about 200 a month :) 

Starting your journey with a BRRRR strategy is ambitious and offers a solid path to building your investment portfolio.From my experience, if you're considering both the PDX metro and Salem areas, each has its unique advantages depending on your investment goals.

x 12 months: $7,488With Depreciation (lets take the 30 year, not worry about re-coup costs, and assume the value is all in the building and none in the land) ~3,333, add in the fact that you have a tax shelter (~$3,000) You've effectively made $15,000Pay off in 24 months: Now lets keep the math simple and pay off 1/2 of the remaining mortgage:  69,000 / 2 = $34,500 - $15,000 = -$19,000!

I do not have much of my own capital to use to purchase a property and was recently given the advice to either utilize private money to purchase a property or do a few home flips to build my own capital.Does anybody have any advice and/or experience starting out with either of these two methods?