It is possible to utilize low down payment loans and live in great neighborhoods in Chicago Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I still find this hard to believe. 95% of would be real estate investors never buy a single house.

Based on what you shared you are not financially qualified to own real estate.

You both have W2 jobs - so you're likely not a Real Estate Professionals - so these losses will be passed on until they can be deducted from other passive income in the future.

Quote from @Kevin Cole: @Andrew BoscoI would like real estate to be a part of my wealth building strategy.

A trust transfer allows for smoother estate planning, and if inherited after their passing, the land receives a step-up in basis, reducing future capital gains tax.Each method has pros and cons depending on their estate plans and your long-term goals.

Hey Kenny no it's more out the money to work and if needed get personally involved right right now have 3 clients I helped raised 175k in 0% interest business funding with 12 months 0 apr and they want to get going in real estate and make modest returns not shooting for home runs 

Breaking news: events in and out of our control will affect real estate both positively and negatively.

Hey guys, what are you thought on the Birmingham real estate market?

I’m Jay Papsan, instructor for Principles of Real Estate on Coursera.