With multifamily house hacking, you live in one unit and rent out the remaining units to tenants.Why Multifamily House Hacking WorksHere’s why house hacking with a multifamily property is such a powerful strategy:Rental Income Pays Your MortgageWhen you rent out multiple units, the rental income from your tenants can cover a significant portion—if not all—of your mortgage payment.

@Roger D Jones if the power goes out and all the food in her fridge spoils.

Relationship-Based LendingBanks: Normal transactions are always cold-blooded and policy-oriented.Private Money Lenders: Most often work with borrowers to create solutions and value relationships over strict rules.The Bottom LineThe power of private money lending, I think, is a pretty effective alternative for borrowers who need speed, flexibility, and customized solutions—especially in industries like real estate investing.

We have expansive soils here (clay that expands when it gets wet) as well as some older cast iron lines and even some orangeburg so it's common to see sewer line issues (often just some tree roots that need to be cleaned then the line re-scoped).

If you’re approved for the mortgage they assume you’re qualified to pay it on your own so if you can afford the monthly don’t overlook the power of equity.

China has cheaper labor, almost no EPA constraints, far cheaper electric power with their new Dam, etc.

The person hired a company to clean up my 3rd house and gave me a surprise of 400 USD bill for the cleaning when it should be at maximum 150/200.

Many people recognized their scam and left, but I feel like I should say something so that people who read this post doesn't end up in the same situation.What's ironic was although they stressed the importance of financial education in the beginning, they later pretty much told the audience "join the program, you'll have all the mentor, resource, and power team, and you can make money in real estate without really knowing anything and using other people's money".  

., 50% occupancy, $1,000/month net) and factor in cleaning, platform fees, and utilities.

@Megan Alanhello. house hacking is a powerful strategy. in an ideal house hack you would:-pay roughly the same that you'd pay in rent, net to the mortgage.