We all need to live some place, so you might as well start building equity, and reducing your housing cost to start.Some strategies to househack include....1) Multifamily 2) Rent by the Room3) ADU - Accessory Dwelling Unit.Each of these 3 strategies will have prime and non-prime locations in the metro area.

If we win the lottery, do we have any assurance that STRs will not be further reduced or Eliminated all together in the future?  

Put that in perspective, you have credit card bill and your balance is $50,000 and your payment of $1000 only reduces your balance by $550 dollars.

I have opened my calendars far in advance and set a 30 day night minimum and reduced the prices to a fairly low profit margin just to test the waters.

Hi everyone, I’m still learning property investment and looking to buy my first property.Checking out rental properties on Zillow in areas I’m wanting to buy (mainly around Houston TX) I saw most of them were listed 2-3 months ago and kept reducing prices.

NPS: 2018- 11,421,2002019- 12,547,743 (10% growth y/y)2020- 12,095,720 (-4% growth y/y)2021- 14,161,548 (17% growth y/y)2022- TBDSource: irma.nps.gov/STATSWhile It looks like there's some credence to the discussions of reduced rental demand, it doesn't appear to be significant (3%-7% depending on the number of bedrooms). 

4 Bedrooms / 2 Bath is big for 1 person.Renting out the additional 3 rooms may help(if you are open to it)Have you had a discussion with a firm to see if they can reduce the amount of your property taxes?

Additionally, the Section 8 program screens tenants, which can help to reduce the risk of problems such as unpaid rent or property damage.

I am wondering if I put the cash flow from the investment property into my children's MESP 529 account can I reduce my taxable state income liability? 

I have yet to see the connections of cast iron not greatly reduced on diameter on any property that I have had scoped from early 1950s or older (likely more than a dozen scopes).