Have we tried asking him if he is interested in steady monthly income backed by real estate?

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

🎉 Monthly Las Vegas Market Update – January 2025 🎉Here’s your monthly Las Vegas market update, along with some local highlights.

Most Heloc rates right now are around 7.75% to 10% so if you look at your blended rate between your fist and Heloc you would be better off doing a cash out refinance.A lot of people forget or simply do not know that if you do a cash out refinance the rate does go up but in 12 to 24 months if you do a "rate and term" refinance you can get it back down fairly close to where it was at prior.

This also helps with asset protection, monthly bookkeeping and annual tax return preparation. 

I've owned a 6-unit for about 6 months now, and the water/sewer bill is higher than expected.

I resided in the home until summer 2020 (total 2 yrs 9 months) and then deployed overseas for the next 4 years; selling the home in June 2024.  

Can you then decide to list and sell the house two months later...yes.

The only times this makes sense is if you are in a really hot market, especially seasonal ones where you might have 100% occupancy for the summer months or something.

Rent roll was ~$8K last month.