Renting on a home can cost upwards of 1500 a month for a lower end home, and you get absolutely nothing out of it, except having a place to live, but having somewhere to live won’t make you money, it’s not an asset in my eyesOn the other hand house hacking is relatively easy, correct me if I’m wrong here (I’m a real estate newbie), but you can just find a duplex that needs little to no work and you can get a down payment on it for a 3-3.5% mortgage, then you pay closing costs, and in some cases you won’t even need to pay closing costs, fix it if it needs fixing, find a tenant and rent it out, once you have that done you are either living for free or for extremely low rates like 300$ or less because the tenant is covering all of the expenses, if it’s a really good deal you could even be making money off of it, but it’s certainly less than the cost to rent would be, not to mention that you are putting equity into the property, whatever money you are paying you’re paying to yourself, which will save/make you even more money in the long term which you can then use to invest in more houses and build your real estate empire So my question is pretty simple, what reason would anyone have to rent over house hacking?

Listed on the MLS as a triplex.2,000 sq ftMain house: 2/1Converted garage(Studio): 1/1Studio: 1/1Year built: 1960Location: Ontario, California (Inland Empire)Here’s the problem -The neighbor filed a complaint which brought the city to do a home exterior inspection today.He stated there is no permit in his system since the year 2000 that showcases anything on this property as being built - He says the back two units (converted garage + Studio) should not be there.He let me know that there is a chance that there were permits pulled prior to 1999 but I’ll figure that out once I receive the county accessor document that they just mailed me today.I called the seller’s agent immediately after.

You hear stories of someone having $1 and building a real estate empire by noon the next day! 

@Sean KeeganHere are my favorite books:Multifamily Millions by Dave LindahlThe ABCs of Real Estate Investing by Ken McElroyThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesCommercial Real Estate Investing by Dolf De RoosTrump: The Best Real Estate Advice I Ever Received by Donald TrumpTax Free Wealth by Tom WheelwrightCommercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David LindahlRaising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt FairclothThe Definitive Guide to Apartment Marketing by Josh GrilloInvesting in Apartment Building by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe 7 Secrets to Successful Apartment Leasing by Eric Cumley2 Years to a Million in Real Estate by Matthew MartinezBurn Zones: Playing Life’s Bad Hands by Jorge NewberyCommercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael ReinhardIt’s a Whole New Business!

All the members are essential to your real estate empire and I will agree finding a lender willing to lend and knowing how much you can finance is a good first step.

I am very small at this moment, but will later grow an empire and begin implementing paid bookkeeping to reduce my involvement. 

I wouldn't want to partner with someone who expected me to build the next real estate empire.

I am looking for a GC with experience or knowledge doing rehabs using a 203k loan. The subject property is in Riverside Ca.

Hello folks.I am in the Inland Empire of Southern California and as the title states I am looking for a reliable C-47 contractor (general manufactured house contractor) for installing mobile homes inside and outside of mobile home parks, as well as some future rehabs/remodels.

Take your property, start your real estate empire, and don’t dwell in this stuff.