Then went to multifamily, 4 units or less, but ran into a lot of issues with even poor performing properties being bought at, or above list, by people planning on going owner occupied.

Repeat that for all big ticket items to determine an ongoing reserves budget.

@Logan Freeman I plan on going to the meetup this Thursday, saw your name on the list.

I live in Long Beach, California and I plan on going into real estate.

AirBNB obviously incurs the utilities (including internet...maybe cable/security), property management, and hotel/local taxes that I'm still trying to educate myself on...not to mention the upfront/semi-ongoing furnishing.

I will keep this post updated with any other ongoings. 

Since we started doing this about eight years ago, I have not had one single conversation with a tenant about a rent increase, and it used to be an ongoing battle and source of stress for every tenant, every year. 

On-going project

Better pray for above average appreciation to make up for your ongoing losses until  you sell. 

Investment Info:

Single-family residence note investment investment.

We have been closing real estate transactions since 2007. Our company has been purchasing NPNs and PNs for 2 years. The notes our compan...