Purchase price: $285,000 Cash invested: $4,000 Purchased in 2021, rented out part time in 2022 and 2023—full time short term rental since 2024.

Often times they are half new price, have a 1 year warranty, free delivery and free take away old appliance. 

Don't forget to annually mark time for vacation or family time.You might consider hiring a teenager part time if there's something that is time consuming (for me, putting out 20 open house signs then picking them up).Best to you!

@Jose Saladin Purchasing your sister’s home as a live-in rental offers instant equity (~$170K), tax benefits, and landlord experience, making it a solid first step into real estate investing.

I both personally invest in real estate and help others gets started/expand their portfolios in various Midwest/midsouth markets.What I do with my kids: My wife and I have 2 of our rentals that are on the same street, with a home in between them.

We are wanting to add to our real estate investments, but are having a difficult time deciding which market to consentrate on. 

It's real simple math.Let's assume you bought it without any money down and just took over their existing loan of $4.375 at 4.28%.

Now do not get me wrong, tech has its place in real estate, but it’s not a replacement for expertise.

My real estate business runs without me.

I'm eager to learn more about the Albuquerque real estate market.