This business isn't for the faint of heart and it's not a get rich quick scheme. 

Hi Rich,Yes, if you assume you are buying a property all cash and rely completely on appreciation, this makes sense.

There is some noise in this comment, but overall I appreciate it, especially on LinkedIn, where everything is an echo chamber of "I help create passive income for busy professionals", "Invest like the rich", "create financial freedom through real estate".  

I have 0 bills and I live at my parents house  marry someone rich

Get practical knowledge, absorb insights from seasoned investors, and dive deep into partnership opportunities that can help you elevate your game.Together, we'll create a powerful community of active investors, a group of passionate, experienced individuals who aren't scared to make their mark in this rich business.

Two suggestions: 1) Open a savings account in your own name, start with $20 at a bank that does not have any monthly service charges. 2) Read Rich Dad Poor Dad.Good Luck!

The book I started with is "Rich Dad, Poor Dad" By Robert Kiyosaki.

If you spend 2-5k or more on filing your taxes (with what you described above) all you’re doing is making your cpa rich.

You could hold dividend growth stocks (like the PG and KO...) and still get a better dividend and growht (to account/offset property appreciation).Don't forget that depreciation has to be paid back when/if you sell the real property to fully access your cash.https://www.biggerpockets.com/forums/48/topics/1169308-equity-rich-need-advice?

There is no doubt about it that you can find higher returns in other areas, but I just get nervous about states that protect tenants too much and treat all landlords like they are rich and greedy vampires trying to suck every dime out of the little guy.