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Did You Know... Appraisal Edition
What You Might Not Know About Multi-Unit Property Appraisals (Even If You’ve Been Investing for Years) We learned this the hard way… and honestly, we want to share it so you don’t have to. When we bought our first multi-unit, we thought value worked the same way as a single-family home- fix it up, make it look nice and the appraisal would climb right along with it. New floors, fresh paint, updated units… we figured we were doing everything right. Then refinance time came
Jenn Spicher
Feb 203 min read
The Beyond Messy Beginning...
Before the leaks, before the tenant stories, before we even knew what we were doing… there was the moment when we actually bought the 8-unit and looking back now, I can honestly say it didn’t start from strength… it started from pure survival mode. We were 30 years old. Both working full-time jobs, raising two kids who were 10 and 8 at the time. Life was busy, schedules were packed and financially… we were hanging on by a thread. We didn’t have an easy beginning. From day one
Jenn Spicher
Feb 113 min read
My Accidental Beginning: From First Rental to Real Lessons
My name is Jenn. I’m a mom, a wife and someone who works full time… and somewhere along the way, I became a landlord. If you would’ve asked me 10 years ago what my life would look like today, owning rental property never would’ve made the list. But about 8 years ago, an opportunity landed in our laps that we couldn’t ignore. It was an 8-unit apartment building in a small town. The property itself? Outdated. The tenants? Let’s just say… less than ideal. But the price and the p
Jenn Spicher
Feb 103 min read
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