1 rich Libsyn https://www.libsyn.com 90 600 Subject Points: 1:-3:00 Intro to Kaili and NAR comments 4:30: Starting out – finding a more permanent place to live. Ended up with a 4 unit 6:30: Renovated one of the units, moved in, saved on rent and spent on renovating more units 8:00: Buying one property a year. Putting larger mortgage on several properties when rates were low, and pulling out equity to buy 2 more buildings. 9:45: LLCs vs Trusts. Commercial rates are adjustable. 10:30: Always sought financial council from trusted advisors about each large step. 11:30: How do I buy a second property if I own one property? How do I expand from here? HELOCs (Home Equity Line of Credit) 13:00 Banks will compete for commercial loans. There is more ability for a buyer to negotiate rates. 14:30: Math is priority one when buying a property. 16:00: LLCs or Irrevocable Trusts are ways of separating you from liability.&amp;nbsp; 17:00 How much reserves should I have when I own one or two properties? Depends on condition and risk tolerance. 20:00 Wrap Up &amp;nbsp; Portland Women Investors – Facebook Kaili@portsidereg.com WealthFront – Savings Account offering 5.00% return &amp;nbsp; All Ships Rising https://allshipsrising.com/podcast <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/30595483/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/169960908