What were some of the biggest mistakes they've made in there real estate investing careers?

The real money is earned from the increasing of rents and the increased property value that resulted from the increased rents that results from the increase Cap Rate, or the rule-of-thumb Gross Multiplier.If anyone has any good properties in Columbus or Cleveland I am 'All Ears'.

I’m looking into my first house hack and thought I’d lay out my goals here:Current financial situation - earning $150k per year income and expect to increase. $25k in cash, $150k in individual stocks, and $180k in retirement.Goal: looking for a house hack property in the Philadelphia area.

If you are like most people you spend just about all that you earn.  

Don't buy nice furniture...over the course of a career, even nice furniture will be janky by the end of it - plus it won't fit into your next house anyway... 

You put up your hard earned money to buy the place.

Hello all, I’m 33 and am having a career mid life crisis.

Refinance, new investment and sell primary: Refinance primary to get ~$50k out, find a separate cheap investment property that can cash flow (aim for under $250k purchase price so we can put 25% down), and then sell the primary at end of next year to get remaining equity out to use as a down payment for a new primary (assuming it will be about $80-$100k net with expected increase in value due to being in a hot neighborhood and purchase price of ~$500k, know it's less than 20% down)Considerations: I am expecting the next primary to be a place where we spend 4-5 years max (expecting significant increase in career based income after initial partnership buy in).

S-corps are pass-through entities.You earn and report income as the S-corp earns it.S-Corp do not have dividends, they have distributions.Distributions have to be tracked for basis purposes.Best of luck

I apologize for all the text but I believe just asking a few of these questions will make you investors and small business owners some money this year (or, at least allow you to keep a little more of YOUR hard earned money)!