My initial thoughts were to do a free survey site and send it to the resident and then if it generates a 4 or 5 star create a zap with zapier to automatically send an email or text to leave a google review as well?

If you are someone who is devoting energy to promising people riches, then taking them for $10's of thousands of dollars, you should be exposed for what you're doing and you should also stop what you are doing immediately because you are a drain on society and your soul will thank you for stopping in the afterlife.My point here is that not only is this tactic effective on people who are strong and intelligent, but it is also effective for people who are weak and desperate and that is the real issue.

Hello, Steve Schmidt, selling a partial note can be a great way to generate some immediate cash flow while retaining ownership of the remaining note balance.

Lower-income renters tend to generate significantly higher maintenance and turnover costs.

I’m beginning my journey into real estate investing with the goal like many of you of generating passive income and discovering financial freedom without having to rely on a “day-job” for much longer, so I can travel more and spend more time with my young kids/family.

After that ordeal, I swore I’d never use them again.I've been using Stessa, and while it’s great for generating reports and tracking income and expenses in a user-friendly way, it’s far from perfect.

A property may look good on paper in terms of appreciation but might not generate enough cash flow to cover expenses and build long-term wealth.Not Having a Backup Plan:If something goes wrong in any phase, such as a longer vacancy period or higher renovation costs, it can disrupt the whole strategy.

How much money do you plan to generate from this rental and do you plan to get more in the future?

Then figure out the time and energy you can commit to investing and other life priorities to be.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.