Investment Info:Single-family residence buy & hold investment.

For example, I have a main account that is for my holding company, sub-accounts for each property, and sub-sub accounts for security deposits and things like CapEx for each property.

Its free and clear so the expenses will be minimal to hold it for a few years.

Investment Info:Single-family residence buy & hold investment.

The only time I'd say it's an okay idea is if either: The area you're investing in is expecting so much appreciation that you will easily profit off that (watch out for mortgage interest though...the appreciation needs to be higher than what you pay in that and expenses to make it profitable)You have some specific reason for wanting to do it- family ties, future home, major long-term hold, etc.Maybe I'm forgetting another one, but those two are all I have for now...

almost every youtube video ive seen. but I have learned my lesson.

I personally wouldn't hold a property without it.

Looking to do my first house hack, along with getting into more buy and holds.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Most gurus have their clients journey end the moment they send them the money, they join a facebook group - have overseas VA;s moderate it and provide some old videos that get repurposed.Those who are new and thinking they are creative typically get crushed as they are gambling not investing.