Seek out regions that are seeing increases in infrastructure, employment, and population expansion as these factors can eventually raise property values.Pitfalls to Avoid:Overleveraging: Take care not to put too much debt on your shoulders or overextend your finances.

Make sure you get your financial house in order first -- decrease debt, increase income, & maintain a good credit score.

We've even seen insurance on our Berclair houses continue to increase more than ever the last 2 years. 

I also like the idea of delivering either a non-renewal before they move in, or a rent increase. 

My goal is to get a deal where most of my mortgage is paid by tenants and I am able to pay off the DPA back within a year so I can move and get another house hack (sounds simple but I know it will not be like that).

Just met with our tax advisor and he said it does work to increase your deductions for your LLC if your LLC rents out your home office.

Here is an update on a black couple who, after "whitewashing" their home, saw an almost $300K increase in the appraised value of their home: https://www.nytimes.com/2024/03/25/realestate/racial-bias-ap...

It's not as simple as some people on Instagram claim - make millions of dollars without any money & do it in 90 days with a VA while working 4 hours a week!

[emphasis mine][snip stuff about tax extension dates]Any borrower breaching such covenants will receive a three percent (3%) increase on every commercial loan you have with the bank for each covenent (personal financial statement/rent rolls and personal/business tax returns).

That would increase the desirability.