Many investors on this site are using "finance hacks," (some simple and some complex) that have helped them build their real estate portfolios as well as their wealth.  

The numbers seem to make sense to me, but the unknown insurance increases and difficultly I'll have in eventually selling it gives me some nerves.  

Your PM needs to have an excellent reputation and ability to get quality tenants and retain quality tenants, raising rents (nuisance increases yearly).Some people on BP have reached out to me and are on their 2nd or 3rd PM after 1 or 2 years of ownership. 

Salvador Aldrett As much as I advocate for "simple" I really try to find the minimal effective dose to maximize returns with minimal effort.

If the walls are already open it's a simple and affordable upgrade that can make a big difference for a potential buyer in a higher end market so I say go for it.

After helping close more than 7000 unique credit and real estate transactions, there are simple secrets and in this series.

The main reason I would want to do this would to just increase my cash pool so I can invest in larger complexes with better returns.

It should be as simple as preparing, executing, and recording an Assignment of Mortgage from the current LLC to the new LLC.

If you run an application and the person does not meet criteria, then you give them written denial letter,, simple, you did not meet rental criteria..

The short story is that my ex-tenant owes a bunch of money and when it comes time for court, I intend to explain this to the judge and ask if I can increase what is owed.