It's essential to educate yourself in property management and tenant relations so it would be a smooth stream.

My underwriting had me around break-even... not a killer deal by any means but between the low money down, rent savings,  principle paydown, and most importantly the experience...

I read a book by Ray Dalio called "Principles," where he discusses embracing and learning from failures as much as, if not more than, successes.

I think this often getns overlooked but I can't tell you how essential this is for all the little things that you don't want to have to pay your cleaners or handyperson for.

But the factor helping you is the amortization of the loan (principle paid down on the loan  by the tenant).  

It's essential to review the plans carefully, ensuring they align with your investment goals and local building codes before making a purchase.From my experience, BlueBeam provides the most seamless and fast collaboration between people on the project (architects, builders, owners, investors, etc.)

For a hands on manager skilled in management principles and knowledgeable about the particular business sector.  

Living for free is essentially the first great achievement to the path of financial independence and you have already done that!!

Hello BP Community! I am in escrow on my first out-of-state rental property in northern Texas and the next step in the process is to get landlord insurance. My question for you more seasoned investors is, what policy ...

So, even though I cannot charge the old tenant for the entire remainder of the lease I essentially have ZERO vacancy because I am owed rent for EVERY single day!