Hello Kelly, House hacking is alive and well and yes depending on what market you are in it will be challenging to acquire something that will allow you to live rent free.

Regrettably, after eight protracted months, my case was converted to Chapter 7 due to insufficient equity.Ironically, the trustee swiftly secured a buyer for all the properties that were to be sold to STOA/FlipOS—this buyer being Farraway SG, the same entity that acquired the loans held by STOA USA during a time when they were laying off employees and leaving us in a difficult position.STOA never officially filed bankruptcy.

Forget about quick flips and focus on acquiring and holding properties like a wise owl.

Sure enough the new owner was not renting their newly acquired property.Since rents have sharply escalated over the last few years, a rental with too low rent is a red flag of possible fraud.I sold a property in 2014, for $30,000 over 10 years ago.

I too currently working on acquiring more rentals.

For illustration purposes, the investor with engineering and/or construction background may excel building in a market where there is ease in doing business and can build efficiently whereas the doctor may have greater success in the established market where significant barriers already exist but can afford the entry price and can ride the waive of continued appreciation and offset their high salary by depreciating the expensive building they acquired.  

Purchase price: $140,000 Cash invested: $35,000 Sale price: $249,900 Contributors: Peter Vekselman On 06/05/2024, Partner Driven and Preston Moore acquired this Meadowbrook Dr SE property for $140,000.

Has anyone used the company Roofstock to acquire properties? 

Retail Ecommerce Ventures (REV) acquired Dressbarnto relaunch the brand online.” ( Link )This suggests that Norada Capital Management or Mr.

This means that buyers in our area are, on average, acquiring the house for 98.5% of the listing price.ex: Listing Price ($250,000) x 0.985 = Sales Price ($246,250)The data will provide guidance as we determine your next investment!