I co-own a house with my sister. 

Does anyone know the going rate for price/sq ft to construct a beach house?

HI Jordan,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

When I had my property management company (and the people I sold it to and manage my properties continued it) the policy was late fees are split 50/50, which I think is the ideal scenario.My rational was it takes more time and effort as a PM to collect when a person isn't paying, and at the same time the owners might not receive the rent when they should, so 50/50 compensated us both. 

Currently in the process of buying a house in Pennsylvania at a judicial tax sale through a county Tax Claim Bureau.  

Purchase price: $180,000 Cash invested: $19,000 Contributors: Stephen Schmitt First investment house hack!

I thought I was getting an amazing deal but what I'm ending up with is; essentially locked into closing on house where everyone expected the current tenant to leave cooperatively however, he is now planning to stay indefinitely without paying rent until getting evicted.

By implementing these strategies, I have been able to break through barriers and continue progressing in my real estate investing endeavors.

Purchase price: $180,000 Cash invested: $19,000 Contributors: Stephen Schmitt First investment house hack!

I’m actually pretty shocked nobody has even given me a low ball offer on the house at this point.