Hi everyone, I’m looking for some advice.
I recently spoke with a loan officer and was approved for about $245k for a condo. He also mentioned that I wouldn’t qualify for anything higher right now.
 
My spouse and I m...

Most of what you need to learn won’t come from YouTube, it comes from seeing framing issues, foundation work, change orders, delays, and what a clean jobsite actually looks like.3.

If you DO want them to be an equity partner, you must “replace” the missing rent.If you structure as equity (profit share), then yes, you can’t just delete one unit’s income and expect the investor to take that haircut.Two clean solutions:Option A: Pay a “house hack offset” each month.You basically pay the partnership the amount that unit would have rented for.Example:Unit would rent for $1,500You pay $1,500/mo into the deal→ Keeps the underwriting true→ Investor gets the same return as if it were fully rented→ You still get the benefit of living where you investOption B: Give the investor a larger equity share.If you don’t want to make monthly payments, you can give them:60/40 instead of 50/50Or preferred returns with catch-upsYou’re “paying” for your living benefit through equity instead of cash.3.

Sometimes you get lucky and just need cleaning / touch up.

Has all powers necessary to complete transaction for father. 

Kentucky is doing something strange and kind of beautiful right now: we’re stepping off one train (coal) while a whole fleet of new ones—manufacturing, reshoring, logistics, data—are pulling into the station.Two headlines tell that whole story in miniature.Coal: from #1 producer to #7, but still powering the gridKentucky’s coal production fell 14% last year, dropping to 24.3 million tons.

I think the bigger question here is- they have someone who performed a cleaning for $100? 

Being educated on the various market strategies and when to execute on that information is incredibly powerful - and I'm not talking about analysis paralysis here.

Were you aware airdna is total revenue and includes cleaning fees?

The real beauty of real estate is that you can benefit from appreciation while also using depreciation to reduce your taxable income.Other powerful concepts many investors miss include strategically timing capital gains to be offset, leveraging 1031 exchanges, and using creative financing strategies to keep your portfolio growing.And like Janet mentioned, it really depends on several moving parts, your other income sources, where you are in your investment journey, and what other investments or businesses you have.