Unfortunately most have made lifestyle changes relying on checks that will never be cashed but can't fault the inexperienced investors with the amount of materials online, social media etc. where coaches, mentors and gurus share the ease in which they generated massive wealth in these neighborhoods.

You can start learning the ropes of real estate investing and begin generating some cash flow.- With $50K to $60K, you can find a decent LTR property, but make sure to do thorough analysis on the property's potential for cash flow and appreciation.- LTR properties often have more stable income streams, but they might not offer the same level of cash flow as a well-managed STR.

But how much do you need to invest in real estate and generate steady passive income?

Attend local REI (Real Estate Investor) meetups and consider joining online communities like Bigger Pockets for continuous learning.Step 2: Be Strategic About WholesalingWholesaling can be a great way to generate capital, but it’s essential to fully understand the legal and logistical intricacies.

I 100,000% would recommend this program to anyone who is interested in the BRRRR strategy and wants to make moves in building generational wealth.

My main plan to use real estate for is to eventually generate passive income.

What constitutes a good location in Kansas would be totally different then NYC.We can assume, a locations proximity to TRAFFIC, either pass by or generated by location would be key.

During this time you are not generating any return from the money invested in the ADU.

One of the key things to being a great agent and having success is to have a great strategy or strategies to continue generating new clients so that your pipeline is full and you don't run out of clients to service!

The reality is that the new generation of native-born Americans don't want to build houses, they all want cushy high-paid jobs in tech or finance etc. or to get rich quick off of crypto or being a youtuber or running internet businesses, etc. very few of them want to work in the trades.