In the meantime, as this is built I will continue to earn income elsewhere so immediate cash flow is not necessary, and long term growth is prioritized.I freely admit that despite some of my other qualifications in business, I am a novice in the world of real estate investment.

I would hate to pass on it and settle for just earning a commission by selling it.

But trust is earned and as I learn more (and remain open to pivoting to MTR and LTR), not sure in our specific case, the 30% is worth it (which is the going rate locally) and can be in the range of $30K+ per year.

When investors invest their hard-earned money into a project, we expect the highest possible return.

When house hacking a duplex, start by estimating the total monthly rent you can earn from the unit you’ll rent out.

Earning potential and cash flow seems like it would be easier to obtain if the numbers are right.

.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.

If you are going to be doing the rehab work in exchange for equity then that value needs to be determined up front with a specific timeline that you have to adhere to in order to earn your equity.

Being that I get taxed at a higher rate for wage earnings then i do for capital gains I actually take home more for way less work.

It’s a way to earn solid returns without the day-to-day work.