And that’s the foundation of the “Power of 10” framework I now teach clients.

Hi all, I'm considering a Power Purchase Agreement on both my rental property and primary residence.

A lender who regularly works with house hackers may be able to factor in projected rental income, which can increase your buying power more than people realize.Please feel free to PM me if you have any other questions — always happy to help!

Wanting to build financial freedom for your family is exactly why many of us started.House-hacking a small multifamily is one of the most powerful ways to get in with limited cash, so you’re going in the right direction.

This is a major downside for properties with propane heat or intermittent power.

I have a tenant who is late on a rent payment and I was not able to find an attorney to consult with, so I turned to AI which provided incredible results, answering my questions, creating templates, and generating the...

I’ve identified when I want to buy and am now focused on reverse-engineering the steps needed to execute confidently and efficiently.What I’ve done so far:-Saved for down payment and closing costs-Actively building cash reserves-Funds parked in a HYSA to season-Drafted crystal-clear buy criteria (to be finalized once buying power is confirmed)-Focused heavily on education:-Various REI podcasts-The Multifamily Millionaire Vol. 1-The Book on Rental Property Investing-Rich Dad Poor DadNext up: The Book on Managing Rental Properties and 90 Days to Your First Investment-Recently became a BiggerPockets Pro member-Planning to join my local REIA nextNext steps I’m planning:-After the holidays, get pre-qualified with a local lender-Use that to establish a ballpark understanding of buying power-At the appropriate time, complete the pre-approval process (understanding the 90-day window)-Build out my team (agent and vendors) so I’m ready to move decisively once I begin making offersWhere I’d love advice from the community:Pre-qualification vs. pre-approval-For an FHA house hack targeting a June–July purchase, is getting pre-qualified early enough for meaningful planning, or should certain steps wait until I’m within 90 days and pre-approved?

These plans should be clear, actionable, and widely communicated.Focus on Essential ServicesStart by identifying the most critical services your properties must maintain or restore quickly—such as water, power, heat, life-safety systems, and communications.

If you wanted to be adventurous you could probably power the furnace with a portable power station and install a solar panel to charge it.

A gas powered forced air unit will consume something like 100kWh per month, at $0.20 that is $20 bucks a month duing heating season.