Find a competitive advantage angle which would allow you to underwrite a higher purchase price without sacrificing your returns, or3.

You're just sacrificing other parts of your Internal rate of return you'd get at the sale in 5 years to make the cashflow look better upfront with interest only payments.

I didn't hire a local property manager as I wanted to manage the property myself in Year 1 before sacrificing any pm costs.

It's kind of a tough call, like you said the south side has great caps but you are definitely sacrificing safety, which isn't a good idea with a family.

Perhaps you could explain to her how sacrificing now will give her the freedom to be bigger and better in the future and just maybe this will change her perspective.I wish you all the luck, I sense that you will succeed with or without your girlfriend.

That man has sacrificed more than I can imagine in my upbringing and as a result has zero retirement funds. 40+ years of night work has taken a toll on his body and it pains me to know he can't afford to retire.

So is it worth sacrificing my current savings rate for a larger gain through the live-in-flip in a few years?

I just listened to episode 350 and enjoyed the discussion about sacrificing comfort for stability, specifically it was mentioned buying large SFH and converting to have roommates.This is an interesting concept to me as a house hack but I’m left a little confused, is it really that simple or isn’t there some zoning ordinances to prevent putting multi families in houses like that?

The syndication will close on the property in early November.That’s a lot now that I see it written down, but my personal life wasn’t sacrificed either!

I'm willing to work 80 hours a week or more in order to make that happen if my job out of college only pays ~$40,000 I don't mind sacrificing my weekends to make more money.