He said that Chicago is not as inflated as some of the other markets that have been red hot over the past 5 years and have far surpassed the pre-crash values.

It is the debt against the property which causes it to not cash flow, and not the property itself.Want more cash flow, then reduce the risk the leverage causes and deleverage. exactly as long as a property brings in income that surpasses tax's and insurance and maintenance costs then it cash flows and it makes it pretty easy to determine COC returns..  

There are some brass knuckles jobs that will pay more than the average professional job - i.e. the oil field or any manual labor type of job, or even a trade and you will make some descent money as an employee and have minimal expenses to surpass with passive investments.At the end of the day, it is going to depend on your dream.

Hello everyone, so I’m pretty new to the whole real estate world, just been listening and researching into it in the last month and plan to keep going, but I’ve been interested in it for awhile but haven’t had the courage to do anything about it, thats changed, while I’m still scared, terrified even, My goals and aspirations have surpassed my fears, as well as my hate for boss drama. 

I would add that you can leverage the expertise of others which likely surpasses yours, benefit from economies of scale, diversify geographically, and park some cash in an asset class that is historically pretty recession resistant, given the right project.I do have to slightly disagree though with the above assertion that syndications are completely passive.

Renewables are just about on par with fossil fuels and soon to surpass them on a cost basis.....game over.Now, I can't comment on the exact numbers in the northern states, but it appears that those from northern states are more against solar.  

One that is only surpassed by their willingness to help.I'd love to hear about what you plan to do with your previous home.

Or should I hold and hope the future value will surpass the current value while benefiting from positive cash flow?

If you prefer, you can choose to use the surplus cash flow as income now but, for this longer term strategy, you usually set a goal of how much income you would like to be earning passively in the future and just keep buying properties until that monthly target has been attained or surpassed.  

My main goal is to be financially independent and able to live off of income generated through rental properties, My ultimate goal would be to be financially free at the age of 30I just find it hard to see how it's possible to take out a loan on a house, rent it out, and have all expenses paid, plus a profit at the end of the week...here in Australia it would seem bizzare to charge over $500 a week in rent (which is what a principle and interest mortgage repayment plan could easily Surpass on a weekly payment option)Thanks in advance