The point of house hacking is to reduce your monthly expenses, so it's not realistic to expect to make a profit living in your primary residence.

If you already have a preliminary site layout showing the size and quantity of buildings you can put on the lot, you should be able to take that work on some budget construction costs and from there work your possible rents into the equation to see if what you have drawn makes sense cost wise, or if there is a more efficient way to lay the site out and reduce costs. 

One of the benefits of new builds is that they tend to attract tenants who are looking for a fresh start and a place to settle down, which can help reduce the kind of headaches you’re dealing with now.If you’re ever considering expanding your portfolio or want to explore other opportunities in Indy, feel free to reach out.

The agreed upon interest rate is 5% amortized over 40 years, but in reality the buyer is reducing that to 30 years by paying 2969.80/month. 

You won't have to bring any of your stuff into the situation if you're not part of the LLC and if you are, then rearrange the Operating Agreement to make yourself a 10% owner.Conway would be considered rural and your LTV will be reduced because of it, but 65% is still a pretty nice loan amount.Feel free to reach out if you need additional information.Stephanie

Ideally, if there's an investor in the Augusta, GA area I'd LOVE to shadow you or even do some rehab labor for you on weekends so I can get my hands dirty and see how the wheels really turn.Aside from that, if anyone has any general tips for making connections with local real estate investors or things I should be reading about, I'd love to learn from you!

I would like to find tax strategies to reduce my taxable income.

Also, some lenders I work with do not charge the pre-payment penalty if you refinance with them, or it is reduced significantly.

The proposal is to reduce tax breaks when rent is raised by more than 5%. 

Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $111,100.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.