I get to bounce ideas off him, he verifies that I'm doing things correctly, he looks over deals I get and he's a huge confidence boost.

New: Roof, kitchen, bathroom, flooring, appliances, HVAC, plumbing, electrical etc.Originally the property was a 2BR 1BA however I stole some space from the living room to add an additional bedroom.I knew I would need that additional bedroom when I went to do a refinance and the appraisal would boost my value if it was a 3BR instead of a 2BR Total renovations cost me $40KI got the property rented out for $1,285/month Let’s Recap $78K purchase + $40K renovation = $118K Total all in cost + private lender costs oh by the way I didn’t use any of my own money 💰 a private lender funded the entire purchase price for me!

If you're not yet an accredited investor, buying some rental properties can boost your net worth.But, as always, it depends on your situation.

**Take Advantage of Catch-Up Contributions**: If you're 50 or older, don't forget to make use of catch-up contributions to boost your retirement savings.2.

Especially when the yield is healthy as many times we are able to boost this with a tourist license on the properties. 

As I said, though, I don't JUST bet on market appreciation and I don't just bet for the long term; I have short term forced appreciation and positive cash flow to hedge my bets and boost my short term return.On the other hand, appreciation rarely follows cash flow.

Moral of my story, is you HAVE to build relationships with people every step of the way.

Annual rental rates are sky high so I suspect I won't get as big a boost that I hope.

Renting by the room can be AWESOME for boosting cash flow, but it can also be more maintenance, management, and drama.  

I've only bought move-in-ready until now, but would like to try boosting my equity through rehabs.