All Forum Posts by: Jeremy Bartlett

Chaz and Dan,

Thanks for the replies!

Dan you are correct in assuming they are both VA and conventional. My goal is to maximize cash flow for early retirement (I am shooting for $10-$15K above bills by age 42). Reducing expenses is one way to get a greater monthly return. What I don't know is if one is quicker than the other - acquiring properties or paying down debt. I have a credit score above 800 as well and my assets have proven to be good money makers, my next property in the spring will be my stopping ground for a while so I can build up a solid security fund (currently $8K - shooting for $30-$40K). ROI is great, but to me its just a stat or measure of that property, but has little to do with my end goal of early retirement. Do you know what I mean?

All:

I am active duty military - been in for 6 years. My goal is to do a full 20, get out at 42 years old, and be done working with enough money to cover expenses + have ~$10K/month excess. I currently own a 4plex that will generate between $1200-$1500/mo after expenses, and a single family that gives me $325/mo after expenses. I am planning on buying a duplex in the spring as well (hoping to find one that nets $700-$800/mo. Every time I get reassigned somewhere, I try to buy a property or two that has a positive cash flow. By the end of this assignment (I move again June 2021), I will have 3 properties netting ~$1700/mo.

My question is, on my timeline I have another 14 years of active income to turn into passive income - should I start rolling my $1700/mo back into my mortgages to increase cash flow from rents, or should I focus all of my funds on acquiring new properties? I can have my single family paid off in 8 years if I start rolling that money back into it, and if I do the same to my 4plex I can have it completely paid in 8 years after that if I commit those funds I budget every month to live on my employment income - what I don't know is if I should allocate my passive income back into my existing investments to maximize long term cash flow, or focus on buying new properties. Any insight would be greatly appreciated!

Hey Everyone:

My wife and I just moved to Anchorage this summer and purchased a 4plex to house hack! We also have a single family property in Oklahoma City. Traditionally I have always done my own taxes, but now that our portfolio has more than doubled (also looking at a duplex in the Spring), I am in need of someone who really knows the intricacies of real estate tax laws to maximize our return for years to come. Can anybody give me a recommendation they've had a good experience with?

-Jeremy Bartlett

Hey Everyone:

My wife and I just moved to Anchorage this summer and purchased a 4plex to house hack! We also have a single family property in Oklahoma City. Traditionally I have always done my own taxes, but now that our portfolio has more than doubled (also looking at a duplex in the Spring), I am in need of someone who really knows the intricacies of real estate tax laws to maximize our return for years to come. Can anybody give me a recommendation they've had a good experience with?

-Jeremy Bartlett