However, house hacking is a POWERFUL strategy for getting your foot through the door.

NOW THE DOWN SIDE OF SHIPPUNG SOMETHING SO MASSIVE AND HEAVY IS GOING TO COST AROUND $6K TO $10K.

It is very time consuming to allocate overhead costs such as automobile, cell phone, etc. to each property.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

@Graeme HarrisGive notice to the tenants and any unknown occupantsWe typically have an attorney handle this as it is more powerful when it comes from them in my opinion.If you do it yourself I would either send certified mail or hand deliver it to them and acknowledge receiptYour location may have specific rules on what is considered service

We've since changed over to IGMS which is almost identical to Guesty but lower costs.

@Dulce DavisSome private firms would consider blankets but they are gonna cost 2x traditional financingI would take the one with no mortgage and leverage that to buy another and keep doing that - also once in a while may consider selling some inventory to get more cash

after about $550,000 in remodel costs we reopened the wash under a new name with new logos and branding. we introduced targeted online marketing ads, negotiated wholesale pricing deals with local car dealerships to offer a year of free carwashes with the purchase of a new vehicle. created a monthly newsletter and sourced emails from local businesses. all in all I would say we double or tripled the bottom line numbers of the business in six months and boosted google reviews thru the roof!

As for cost, my nuclear-powered Duke Energy NC Residential Service (RES) costs $0.11661 per kWh.

cost: 1,300/mrunway: 4 months = 6,800spread: 1900all in cash: 138,800Income a year: 22800/y ÷ all in cash = coccoc: 16.43%seller sees offer: 250,000sub-to 120,000sell fin: 500 w/ 0% intrest term: 13.33 yearsdown: 50,000