Making 8% cash on cash in other states may be cool for some, and everyone loves to hate on California real estate investing, but I'd bet a lot of money you've come across clients who have made generation wealth right here.

An example problem statement that I may have stated (and built the software for) in 2003, when I started investing full time: Build a tool for lead generation that collects county records from the county recorder's office (and property card data), finds the recent first mortgage defaults  from trustees websites or public filings for properties that are between 1000 and 1700 square feet, in a neighborhood of 90% like-kind properties with greater than 20 parcels, houses built after 1978, that can cash flow at current rates when fully leveraged. 

Don't settle for properties that merely break even; aim for those that generate consistent income from the start.

I'd look at land development as an equity capture tool to generate additional returns. land is a buyer's market in almost every market. you just have to expand what you are willing to do or your strategies.

I am a strong proponent of what I refer to as proactive asset protection but its not promoted because its not the revenue generator that other asset protection services yield.

How much does a typical 40 hour/ week agent generate in the year with commissions?

By renting out both of our properties, we will generate enough income to cover the rent of our new home.  

Generate at least 5 rental inquiries per week.3.

Multifamily properties are a fantastic way to start, especially for building a solid portfolio and generating consistent cash flow.Madison and Milwaukee are great places to look at - they have very robust rental markets and economic stability.

Keep in mind, I'm a long-term rental operator and hold (typically) for a generation or more.