I own a quadplex with a huge end unit I am considering converting into 2 smaller units for additional cashflow. Bit of background - The property is in a commercial area and I believe at one point in time was a hair sa...
Hi BP!I'm a new investor in the Portland Maine area. It seems like a sellers market right now, but I am ready to take on the challenge of hunting for a good deal. I've already gone pro on BP, which might have been a b...
In the last three months I have had some unexpected issues at one of my rentals. I needed a full roof replacement (bad storm), a tree fall on my tenants car (same storm), and two furnaces went out in my triplex. Lucki...
Hello everyone,My wife and I currently live in TN after PCSing from WA. Our first home is in WA and is currently being rented out. Below are some info on the home;Original loan - $333kCurrent balance - $320k30 year lo...
What goals did you set for yourself to achieve before quitting your W2 job? What's your journey to time freedom and financial independence look like?
Hello colleagues, The question: Does anyone have a resource, chart or best an excel spreadsheet function which explores the relationships of future cash flow goals, time horizon and DTI, perhaps oriented toward someon...
Hi All,I want to create an LLC structure for various investment and property holdings. I already have a couple of properties in different states, and I'm also wanting to participate in syndications and other ventures....
Hello, I'm not sure this is the best place to be posting this, but I'm really not sure where this topic fits. My father unexpectedly passed away 7 weeks ago. He had 3 rental properties in Colorado (2 triplexes and a s...
For the property managers in the audience... when setting up a property management agreement, what would you consider to be the best way to handle fees that aren't covered in the monthly management fee?The way I see i...
So my wife and I are buying our first rental. We live in Oregon and the real estate prices are so high that we would need an extremely large downpayment in order to get our payments down to the point of making 2X our ...