Episode # 247 of the Greater Pockets Podcast was really great at breaking the buying, rehab and rental process into sections and then down further into individual steps within these sections.

You should be using that calculator to analyze your deals.If your objective is to recover all your cash to use for the next deal then you need to change your method of calculating/analyzing these deals.  

The residence can then be rented within the S corporation and depreciated at a stepped up value (purchase/selling price).

I've heard so much about BRRR at Biggerpockets that I took the step of faith although to be totally honest, living in a house while it's been fixed is not exactly my thing! 

how can I make this next step a smooth transition?

My wife and I are looking to buy our first home and want to make use of the house-hacking method to lower our expenses and start to build real wealth.

With none of my money up front I closed yesterday and now I’m past my first step to becoming an investor .

Huge win today!! Seller agreed to a significant price reduction as part of the repair negotiations on our apartment deal. We are moving forward to the next stage and super excited!

I attribute our success in negotia...

I knew the basics of a subject-to deal but this takes you through all of the steps, start to finish. 

Step 2 of the practice is to use the BP calculators to analyze the deals.