While a 0-4% cash-on-cash return isn't ideal, remember that house hacking provides value beyond pure cash flow by reducing your living expenses.

A good ballpark is $1,000–$2,500 per unit, but this depends heavily on how extensive the turnover is and whether you’re self-managing or hiring contractors.If you’re looking for more precision, connecting with local property managers or contractors can provide insight into typical costs for properties like yours in the area.

It was all really quick, and the time to complete everything happened a lot faster than I expected (which was a good thing).I was worried at first that I had to use all the partners that Rent to Retirement had, but it was really easy for me to shop around for different lenders with different terms and rates, insurance providers, and property management company.

@Brett Henricks - I attended a large DST provider's conference last week, and asked around about Crew to other Investment Advisors...nothing remotely positive was said.

Partner with a real estate marketing company out of Las Vegas or Provo, Utah to market, promote and advertise the “mentorship” system consisting of the free seminar, followed by the modest fee weekend workshop, followed by the $15,000 - $40 000 full mentorship program.Here are the usual results1- 99% of “students” never earn back the cost, despite 1000s of wasted hours2- students learn nothing of real estate principles, real estate finance and real estate law which are the necessary foundation blocks of knowledge necessary for a SUSTAINABLE career in real estate investment 3- with hundreds or thousands of “students” unleashed on the real estate selling public they’re AT BEST an annoyance of trying to do “unrealistic” deals, AT WORST lead to a disastrous result for vulnerable homeowners.4 - The career real estate investors, service providers, brokers, lenders, etc are so disgusted with all of it and the outcomes they see that that can’t even comprehend that the subject technique or strategy does have a legitimate use when utilized (1) by and experienced and well capitalized buyer and (2) full disclosure is provided all parties with legal representation.  

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

While we see year+ long furnished stays here in the Charlotte area, they are far and few between.With that being said, the furniture, linens, appliances, etc. you provide/leave for guests matters.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Seek advice from experienced investors or mentors who can provide clarity and guidance in times of uncertainty.

Partner Driven provided 100% of the financing, covering the $77,000 purchase price.