Posts about the financial side of owning rental property — purchase prices, renovation costs, cash flow, financing strategies, and annual income reports. Real numbers only.
We bought our Central District triplex in 2014 and lived in one unit for eight years. Here’s what we got wrong — from Airbnb cash flow gaps to skipping soundproofing in favor of trim.
What I wish I knew before buying my first triplex Read post →
Between 2014 and 2021, we bought four multi-family properties in the Seattle area. Total out-of-pocket across all four was only $33,000. This was possible because
How we used a VA loan to buy 4 multi-family properties — with only $33,000 out of pocket Read post →
2020 – 2021 were big years at our Union Hill property, mostly due to COVID. It was a forcing function – we spent much of
How much does it cost to remodel a triplex? Our $145,000 breakdown Read post →
After several years of basic maintenance, we got slammed with multiple expenses at our Delridge rental. And spoiler alert – it’s the unsexy things that
Delridge – Unforeseen rental expenses for unsexy things Read post →
The upstairs apartment of our Bremerton triplex was the worst of the three apartments. When we purchased it, the ceilings were maybe 6’5″ high, and
Union Hill – From cramped to open and L-shaped kitchen Read post →
We were one year into our Union Hill project when we shifted our focus to Vallejo. My husband’s mother passed away suddenly in 2016, and
Our fourth property – single-family rental homes in Vallejo Read post →
Sometimes in life you need to recognize when to pivot. Our second vacation rental was open for a little over a year; this is the
Delridge – Why we opened (then closed) our Airbnb Read post →
In 2013, we were finally ready to buy a house. I spent most of the Great Recession years not earning an income, while my husband
How we purchased and house hacked our first multifamily rental property Read post →
UPDATE: Today’s rate environment is much different than what we had in 2020/2021. Although the rates are much higher, the process and decision framework remains
How to refinance multiple rental property mortgages at the same time Read post →
