If you sit on the sidelines waiting for the unicorn, you’ll miss out on multiple strong investment opportunities that provide excellent long-term returns.Instead of chasing perfection, investors should focus on leveraging assumable loans in one of two ways.Two Strategies for Winning with Assumable MortgagesAn assumable mortgage gives you two clear paths to success.

And most contractors, even the best ones, start to lose some steam at the tail end of the project (especially if you have already nearly paid them in full).Your best course of action is to do what you can to maintain a friendly and cordial relationship with the contractor.

If you base your tenant charges on the historical average, you should come very close to collecting the entire amount over a one-year period.Charge a higher rate.

Go to local Home Depot, 6am on Saturday, and look for hadnymen.Try to find one that at least has liability insurance.Also, not sure if Illinois requires handymen to be licensed, but if so, find ones that are.

Porto is one of the cities highlighted in real estate investors' choices for 2022.

Never depend on one contractor and never accept a contractor directly forced on you by a consultant or lender5.

Because you occupy one of the units, the insurance may differ from a standard homeowner policy.

To offset costs, I’m planning to buy a duplex and pursue a house-hacking strategy:1.Rent out one unit as a long-term rental.2.Live in the other unit and rent out the bedrooms as short-term rentals (STRs) through a furnished rental approach.Before diving in, I have a couple of questions:1.Can I use a property for both short-term and long-term rentals?

Do it yourself with TurboTax (or similar software)If your rental is pretty simple (one property, basic income & expenses), you can learn the basics and still save money.

.🔹 Step 19 & 20: HVAC (Heating, Ventilation & Air Conditioning)A working HVAC system is a huge deal—no one wants to buy a house that’s too hot in the summer or freezing in the winter.