That saves you an additional $600/month you would've had to pay to rent a similar unit from someone else, and the property still appreciates, the mortgage still gets mostly paid down by other tenants, and when you finally move out the property WILL cashflow now that you're getting the maximum gross rents by renting all the units.The deals you're looking at are working, you just need to change your perspective, that's all :-)

I'll be saving your information and look forward to the possibility of working out some deals together.

No, it went into buying the new roof and you’ve been saving all this income just to buy a new roof.

.- Maximize our 401k contributions each year, and assuming 8% return each year, our 401k portfolio will grow to 1.6 million.- Result = 3.1 million asset + 2500 monthly passive income• Plan B = Plan A + Home Equity Investment- Buy one Multi Family rental property in year 1 ($250,000), and pay off this rental property in 5 years.- With more Home Equity available, I can buy 3 more rental properties in year 6.- Pay off my existing Seattle rental property in year 10.- With house price appreciation, I can buy additional 3 more properties in year 10.- Total Income: Seattle property 2500 + CT rental properties 7*1100=7700 = 10200 - Result = 3.35 million Asset + 10,200 Monthly passive incomePlan C = Plan A + BRRRR:- Buy one Multi Family house a year using BRRRR Strategy. ($250,000)- Repeat this process 10 times in 10 years, then I could have 10 houses in 10 years.- The advantage of this strategy is that I can use my $250,000 LOC over and over.- The disadvantage of this strategy not able to find appropriate deal or not able to refinance.

I would know because I Vape (save the memes).

It costs less than $500 to start an LLC and about $1,500 annual for LLC tax returns.It should save you a good amount of coin in the long run and provide an additional layer of liability protection. 

We even downgraded some things (concrete floors, rather than doing actual flooring) and saved money on things like that.

Some are free, some might have a fee, but still worth saving you time and obviously getting things done that you would not be able to do otherwise.This is a good website/directory that lists all the real estate offices by county NETROnline.com - click on Public Records Online Directory.

We just bought our first 7 unit and want to maximize the benefits. 

I am on step one for saving $25,000.