So unless you have 20 FTE AND $5M in revenue you are INCLUDED:Who is Excluded?

I am currently house-hacking in a new property where the rental revenue is able to cover the full mortgage and then some.

It seems like a win-win, especially with the simplified approval process and flexibility for multi-generational housing.

Quote from @Zachary Kessler: Hello all I’m currently hacking my house that has an ADU dwelling that generates income, I bought this property intending to leave and rent the house that I currently reside in (2 bed 1 bath) I currently have a very good interest rate locked in here from 2022 that I don’t want to lose or have my mortgage called due from leaving here, I live here for very cheap with the income from the ADU.

Normal comp is 100-150 bps on volume for these roles if commission only and completely self-generated leads.

I definitely think co-living would bring in more revenue but also more work. 

The experience was really bad as I was getting 1-2 year old leads to cold call that I knew had a 0% success rate and I do much better generating leads organically on my own.

Having rentals that just pay for themselves or generate excess cashflow you can tap for other things?

It’s fantastic that you’re diving into real estate investing.. especially multifamily properties, which can be a powerful way to build wealth and generate consistent cash flow.

Today, that building generates enough passive income to cover his annual retirement contributions.You mentioned taking the 10% penalty, which I’d only recommend as a last resort.