It can be worth it to spend a little bit more on those items to limit recurring replacement costs.I hope that’s a helpful starting point.

I'm looking to get started in real estate investing.

Is this a good start or should I save more before taking the plunge? 

I have started looking for listings recently.I am a bit confused when people ask to "shop around" for a conventional loan.

Come to find out his wife's dad had a career in real estate, his friend works at a firm as a private lender (that's how he got started), the houses were 50k houses and half of them were trailers...His personal house, while large was in the middle of nowhere...You can see the focus shifted from real estate investing to social media marketing.

To save money on closing costs and interest.

House hacking is essentially the cheat code to get started into real estate investing.Generally done by utilizing FHA loans and 2-4 unit properties.Basically, buy a primary residence, live in it or one of the units for 12 months, move out buy again and do it all over again.Each time you can utilize fha as long as you refi the former before you use it again.Great way to buy a lot of properties with low entry cost!

Assess if you have enough time for tasks like tenant screening and maintenance.Expertise: Professional managers know landlord-tenant laws and property maintenance best practices.Cost vs. benefit: Weigh management fees against potential savings and efficiencies professionals might offer.Property location: Distance from your home to the property matters.Number of units: More properties increase management complexity.Stress tolerance: Consider your comfort level with tenant interactions and problem-solving.Long-term goals: Professional management can free you to focus on expanding your real estate portfolio.

I've started my journey in the expensive Seattle market and found house hacking a duplex gave me a tremendous boost as my first property.The top 10 advantages that played out quite well:1.

Roy, not only did we give you our ALL to get you across the finish line....most of the time we couldn't even get you to the starting gate!