The current real estate environment that we've been in for the past several years hasn't presented any opportunities for deals like this.Because of the above bullet point, my real estate folio is kicking off a ton of profit each year which is fully taxable at ordinary income rates for me with federal plus state that means 42%From day one we've always self-managed everything, and built a great team of sub’s and handymen in every area, so that I’ve never had to do any labor.

It would be good to understand how one should take that view in order to effectively use that information to decide on how to proceed with a property. 

Given that I am self employed, a few personal loan options, did preliminary asking about my situation, and they got lost in the weeds with how my real estate income looks so dismal on tax returns.

My goal is to continue to acquire more cash flowing rentals to eventually leave my day job and just self manage the rental properties. 

Quote from @Jaxin Pierce: I'm a self-starter entrepreneur who owns a vending machine business.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

But, for instance, I sent them a notice of rent increase effective February 1 and needed them to confirm that they have accepted the new payment terms through our electronic payment system, and even after repeated notices, they are not responding.

This coming year set the goal of getting more committed to learn and expand my knowledge to avoid previous mistakes taken as well as to be able to effectively continue to expand my portfolio.I’m here to connect with others who are also passionate about real estate, and I’m eager to learn from your experiences, insights, and advice.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

On paper they were amazing deals, in reality they sucked so badly I went into self storage instead.