@Abigail KingStarting a first house hack in Peoria, IL involves researching, education, financing options, and management tips.

I'm in the early stages of considering a venture into the short-term rental business in Austin.

It strips away the clutter and lets you focus on the essentials.

That sounds pretty normal for the area.

A 1031 Exchange is also known as the Tax- Deferred Exchange, which allows the different shareholders as well as different depositors to reinvest the profits that these people had acquired as well as earned, most particularly when it comes from the different financial transactions of the property that the investor had advanced without acquiring different taxes from the government.

Please shoot me a text or email if you have any additional questions or interest in deals (contact info is listed in my bio). 

What’s the name of it?  

When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

Yes you can but it depends on the lender some lenders do not allow due to overlays and in house restrictions. 

Im currently in the process of building the team and I'm getting ready to make several trips to the area.