I want to purchase my second property within 4-6 months of moving into my multifamily house hack, but looking for a guidance on the strategy to do so.

@Rebekah Shields why didn't your pre-purchase inspection find the foundation issues?

@Preet Oberoi Purchasing a short-term rental (STR) or tiny home to offset W-2 income with depreciation can be effective if structured correctly.

Purchase price: $17,000 Sale price: $27,000 Contributors: Peter Vekselman Partner Driven and Archie Raglin acquired this property on 1/3/2025 for $17,000 and sold it the same day for $27,000.

Hi Troy congrats on your purchase, which it seems you purchased at a forelcousre auction.

How to track potential growth in an area to see if a lot is viable for purchase and building spec homes on etc. 

The rule of thumb for me used to be that the property needs to be able to do 20% of the purchase price in gross rental income.

I invest in Memphis, TN and I use the BRRRR strategy for most of my purchases.

I purchased a townhome in Fort Mill, SC (Lancaster County) in July 2023.

Your goal is to plant the idea in their mind and create a situation where selling to you feels like the easiest and most logical solution for them.If you haven’t already, the first step is to get pre-approved for a mortgage so you know what you could afford if you were to purchase the property conventionally.