Due to my background in consumer lending, I am highly skeptical of paystubs and other address verification due to the widely available websites that are out there to generate forms relatively easily... so I like to verify the information by contacting the listed employer using their listed number on Google to avoid possibly calling a friend etc. 

I'm generating a lead form ABB and then I'm going to take their potential revenue for that effort...that is theft (I'm being a bit polemic, but the point is there).

In the real estate industry, brand awarenessand lead generation serve different but complementary purposes, each targeting distinct aspects of business growth.

It's a unique opportunity to combine my passion for real estate with hospitality, and I'm eager to dive into the process, build a portfolio, and create welcoming spaces that generate both income and experiences.

That 125k investment is now worth 500k in 10 years and it will be generating 65k a year in returns going forward (and that will continue to increase over time).I would add that I don't like ever paying retail for real estate as I've always been a believer in the adage that you make your money on the buy side. 

You’re competing with an endless array of other investment opportunities that will generate far better return with far less risk/overhead than real estate.

Many arrive at this strategy through paid mentorship, while others settle on the strategy through their own education because its such a  widely discussed strategy with so many industry participants peddling the concept thanks to the low barrier of entry and ancillary services and fees that are generated.  

HeyAlfredo,Your strategy seems correct; if your wife qualifies for REPS by meeting the 750-hour and 50% personal service time requirements, you can use cost segregation and bonus depreciation on your remaining rental properties to generate losses that offset your 2024 W-2 income.

There truly is no better way to build generational wealth than RE investing!

I also prefer not to use a management company, as I don't want them cutting into my profits.My long-term goal is to generate enough income to live comfortably and eventually build a real estate empire.