In addition, property prices and higher mortgage rates have squeezed margins due to higher monthly carrying costs.

Lets say its 1k a month on a quad, your partner would be losing out on 25% of income, while you would actually be getting the full 100% plus some on the break from living expense. 

We’re getting a small shopping center installed supposedly by the end of the year (Marshall’s, Tractor Supply, Grocery Outlet) plus investments in a second “downtown” strip. 

Joined Bigger Pockets several months ago.

I’m paying that balance down little by little each month though. 

You need to look at the last six months of sales comparable to your  ARV house. 

Current tenant is on month to month lease.

We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.ere are some progress pictures.News, we are closing on a house and have a duplex under con .

Currently yielding monthly cash flow of $1,250 ($900 after all projected vacancy & maintenance budget).

Purchase price: $248,000 Cash invested: $12,800 House hack I was able to make around $100 a month while living there.