But it will still allow you to afford a SIGNIFICANTLY higher price point than if you did not house hack.So, if real estate appreciates 5% per year, then a $500,000 property will have $138,000 in additional value after 5 years.

A pool requires the largest capital investment of the three, and in most cases adds very little if any additional value.

In addition, not all rigidcore products are constructed the same.

@Jack LittleThere are standard templates from Fannie Mae but I would have an attorney draft these documentsThey can be held (the lender) through a deferred retirement account but make sure you are using a third party servicer to collect payments

While estimates suggest higher returns (10-20%) than traditional rentals, additional costs and complexities come into play.

In addition I would recommend you take into consideration the existing leases on the triplex property.

In addition, check out the chamber of commerce https://greaterlouisvillepartnership.com/ where you can find the top 10 employers for different industries such as healthcare, tech, manufacturing and logistics.

In addition, my acquaintances created 3 separate Wyoming LLC’s.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

Additionally, you will still be responsible for paying the cost of the house and any associated renovation expenses, which may be a significant financial burden. it is important to carefully weigh the benefits and drawbacks before making a decision.