@Kian Faramarzi Knowing what I know now if I had not been on the trajectory I was on when I was 21, which was that I owned a Bed and Breakfast, so was essentially house hacking altogether a little unconventionally, I would tell my college graduated self to buy a 4-unit on an FHA loan and house hack and save up and rinse and repeat and today I’d have a small real estate empire.

The whole structure is essentially a pref equity position.  

Remember it comes out of gross, not profit.Depending on the area you might even see some as high as 40% though that seems crazy to me.What are the essentials needed to manage a property yourself?

Here are the details: Purchase Price: 400,000-425,000Single family home with a mother in Law suite in back; as configured now its a 3bed/1bath and a 1bed/bath; Will configure turn the garage into studio w/ bathroom, so essentially will a total of 5 bedrooms and 3 baths (as 3 separate units) after renovation.

Finding this job was essentially through a colleague of mine.

Hey BPers,I am designing a strategy for tax-deferred savings that builds current cashflow and could essentially function as an alternative retirement or FIRE strategy.So...here's the strat in a nutshell:1.

So i decided tap in to the market place and provide our essential workers with a safe and comfortable place to live.

Essentially, living for free is the goal until I can com up with the down payment for my next one.

You don't have to seek an attorney's professional opinion, but they becomes an essential piece to your team moving forward the larger your portfolio gets.

This is essentially using OPM (Other People's Money) to build wealth over time.Appreciation: Appreciation Over time, real estate properties tend to appreciate, or go up in value, at about the same rate as inflation (3-4%).