You won't find a deal where you live for free, but if you can live in a great neighborhood at a reduced cost of living that is a nearly risk free way to get started in real estate. 

In case I have to sell or I quit running STRs I wouldn't want to be under water out the gate.

Our lot is fenced in and we cannot see where he lives but close enough to be of concern, but we want to stay in the same town until the kids are finished school.So, my question is this, would it make sense to rent our home (roughly $2300-2500/mo. as per real-estate agent claims), with the stipulation that the garage is used for my business AND buy a home nearby?

Purchase price: $129,000 Cash invested: $5,000Condo we lived in and fixed up.

Hello everyone, my name is Anthony Poulin and I live in Westchester County in New York.

I’ve fixed leaks, change toilets and still keep going up.I’m at appoint now when I moved out, I thought I’d be making money because while I lived there  I’d be going even.

I live in California.I also wanted to know if there was anything you wish you had known before setting up an LLC/IRA and why you chose to set one up and has having one met your expectations?

If you plan to buy in your hometown, buy a 2-4 unit, and live in one of the units.

Do you know anyone that lives there, or did you go to college there?

For scaling your portfolio, consider house hacking another multi-family property to minimize living expenses while building equity.