All Forum Posts by: TJ O'Connor

Hi all, I'm looking to see if anyone has created a model/spreadsheet that shows how long-term cash flow is affected by additional principal payments on properties. For example, I am looking to purchase 1 property each year for 15+ years (putting all of the generated cash flow toward paying off the properties in succession). I want to see how worthwhile it will be to accelerate paying off the properties (snowball) within the first 15 years.

Happy to answer further questions to clarify what I'm looking for or connect with anyone who's willing to share wisdom/advice from their experience! Thanks!  

Thank you so much for the advice!

Hello BP community! I am looking at purchasing my first investment property (SFR/long-term rental) and was wondering if it's better to buy this first property in my name or create an LLC (I'm aware of the liability protection benefits etc. with an LLC and plan on creating one eventually). I know there are different/more restrictive conditions with lending options for an LLC however I have read various threads about it being more advantageous to buy the first property under your name first then pass it through the LLC (maybe risky there if bank calls in loan?). Just trying to learn more before pulling the trigger!

I live in Colorado and the house I am looking to purchase is in South Carolina!