For instance, a lot of our house-hacking clients in Denver or Colorado Springs want a home with a basement apartment.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

If you literally feel like your twiddling your thumbs you can come up with contingencies for when bad things happen like not paying rent, not getting along, not keeping house clean, partying too much, etc.

There are also some affordable monthly educational subscriptions you can consider before paying tens of thousands for a coaching program.

We are paying for commission for agents instead for sellers paying that.

Pitch your deal and see if their client might be interested.

If you pay the same two points in your scenario, you can get into the low 6% range.

Both of those models involve potentially comprehensive rehab to make a good return and new investors often hire the wrong people and spend way too much.Higher returns on her money can be found in debt fund syndications which are totally passive and can pay 12%.

This is tough, eats into your margins and normally you'll pay more on your first few projects developing the relationships and it'll get more favorable to you over time.- ACTUALLY does good work.

Unless you already have a buyer you’ll probably end up paying a buyer’s broker 2-2.5%.