The cool thing about the house hacking is the lenders will factor the rental income towards your purchasing power.

So, ensure you have super powerful incentives from an REI-savvy attorney and an REI-savvy tax advisor prior to making this move.Some of our Clients have implemented this in the past (prior to working with us) and their businesses weren't large enough to justify the complications that come with this type of structure.Hope that help!

If a property management company faces a data breach, it can significantly reduce the property’s value, impact lease renewals, and affect the attractiveness of future investments.PropTech Startups:The surge in PropTech (property technology) startups has brought innovation to the real estate sector, including platforms for digital transactions, property management, and AI-powered real estate analytics.

Coincidentally, I just listened to episode 3690 on Next Level CRE: Power of Mindset today. 

No telling what issues this could have caused if I didn’t know they moved out and there was no power to the home for a month.

Particularly in winter  All I know is we have never had a complaint about temperature.240VAC powered tubs heat up pretty quick.

This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

There are still several powerful wealth generators from a long term rental and cash flow is not the only one. 

**Save money**: With reduced expenses (gas, power, tolls, etc.), we estimate that we will be about to increase our savings from about $600 per month to about $2,000 per month.4.

After checking with the power company on the status of the power they said crews have been out and they showed power being used at the residence.