In a lot of ways I came up in the 2008 crash and didn't see RE as a viable investment option. 

There truly is no better way to build generational wealth than RE investing!

(This works best when you or your spouse are RE pros)4.

I lived in Superior for a while and commuted downtown every day (get satellite radio ha).I'm a realtor, so fortunately I have instant access to what is hitting the market and it's still very hard to find something before 50 other people have found it as soon as it hits the MLS.

Its a great lesson on managing RE.

Fall in love with the process, and success will follow.Reflecting on the Journey:What happened to me during this full cycle, including the 3-4 years of the pandemic as a RE investor?

I'm currently considering whether to 1031 a couple of rental SFH's I have in the DFW area over to Vegas.Having lived in an owner-occupied house here for 3 years now and looking at my Clark County bill:- The assessed value is only 25% of the current "quick and dirty" market value (Redfin, Z)- There's a line item where property tax rate appears to be 3% of the assessed value- ... however, another line item subtracts a lot from this because of the lag from owner-occupied increase cap percentage of 3% annually (if I'm understanding correctlyAlso, despite changing hands 3 years ago, it's interesting that the assessed value didn't get re-assessed to the purchase price back then.

Hello Imanuelly,That is correct, you would need a RE attorney to handle contracts.

Debt adds risk AND reward. There are two sides to that coin, yet most people only talk about the reward side. When you have no equity and you HAVE to sell for whatever reason, you become a motivated seller. What're so...

There are over 20 active CPAs here in Biggerpockets assisting RE investors with their tax planning.