Wholesalers and agents will eventually start showing you properties that are not on the market once they see you as a serious buyer.Good luck!

You are converting a paid-off asset into liquidity while keeping ownership, keeping future rent growth, and keeping the long-term upside, all without triggering taxes.

I started tracking this: prospects who don't respond to my first text but get a follow-up 3 days later convert at maybe 15-20% vs 0% if I don't follow up.

Once you move out and convert the whole property into a short-term rental, you can depreciate the full structure (except land) and use a cost seg study to accelerate deductions through bonus depreciation.

Down the road, house hacking can also provide flexibility when you move out and convert it to a full rental, while still benefiting from primary-residence tax rules during ownership.

For now, all proceeds go to him until we eventually set up an LLC together and start structuring things more formally.

Lehigh Valley, PA.Had one for a while, ended up converting it to long term because it wasn’t worth the extra management

Travelers on Furnished Finder and Zillow especially tend to reach out weeks before they’re ready to commit.That said, there are a few small tweaks that can help you convert faster:Add move-in clarity right in your title and first sentence.

The garage has been converted into a MIL suite with a separate entrance, essentially making it a duplex setup.

The other, is a two-family home that I am house hacking at the moment, with the intent of fixing it up & eventually moving on and placing a tenant in the unit I currently live in.