I have questions about profits and vacancy rates.

@Tomas NunoHouse hacking with a significant other can be a profitable strategy for real estate wealth building and reducing living expenses.

It’s not a profit center for them and they have a reputation to maintain.

This deal highlights our efficient turnaround strategy, leveraging market knowledge and partnership to achieve a solid profit within a short timeframe.

Subtracting money I put down in earnest and closing costs on one deal that I doubled closed (made $50k on it) brought in around $73k in profit.

.- You can find a profit calculator spreadsheet here (https://lnkd.in/g-2m_vZA).

However, if this is a true "joint venture", all members must be actively involved in generating their own profits so the credit partner would also need to participate in decisions regarding the property such as which contractors to hire; handling issues that arise, etc. 

I have one of my private lenders lending me 20k and make $1500.00 in 37 days. 

With the region's expanding infrastructure, business development, and population growth, it is well-positioned for long-term profitability.

I love it for the guaranteed rent, tenant stability, additional accountability with the housing authority and large demand for Section 8 housing without enough supply.With strong screening, I'm able to find great tenants and Im not owed any rent.Cons you will often hear is that the tenants are harder on your properties (doesnt have to be the case in my experience if you screen really well), the Housing Authority is a pain to deal with (this depends on a couple things - how well run your local PHA is and how good you are at handling process & details) and the extra inspections/red tape make the niche unprofitable (see what I said above about Housing Authorities).Done right, I believe Section 8 is one of the most stable & profitable.