Hey everybody,I’m a 25 year old, new to the RE game, looking to buy a rental property with my father (preferably a duplex so we can house hack).

This means that in a game of chicken, the landlords will typically win.

Just use 4 pieces of paper.One one side of of the 4 sheets of paper write unit #1, unit #2, unit #3(personal), entire building.Then on unit #1 and unit #2 put total rent income and you’re done with income unless the building made income from laundry or vending machines or some such.Then just look at all your expenses (for only 2-3 units this should really be almost nothing unless they are in really bad shape.) your biggies will be insurance, property tax and interest. 

When you are new to the game it can be tough to start out.

You can always make a game time decision if a guest has an “extenuating circumstance” (that’s become a dirty word around here haha), but I always recommend the strictest setting.

I am here to make connections, find anyone near me who needs any type of help or would just like to spitball ideas on what to do, and just to keep my head in the game of real estate more and more the further I get into my initial career of nursing.

I am here to make connections, find anyone near me who needs any type of help or would just like to spitball ideas on what to do, and just to keep my head in the game of real estate more and more the further I get into my initial career of nursing.

Wait until the current tenants leave, then you can clean it and show it.I normally show occupied rentals but we need to follow the rules and play the game, even if it costs us a little.

This means that in a game of chicken with two ultimatums, the landlords will usually "win", in the sense that they will wait out the non-payment, evict, and replace.  

I am interested to see how this changes game plans and entry strategies for investors.