Get out of your comfort zone and when it gets hard keep going, it will be worth it if you are passionate and dedicated!

He is very dedicated to his nonprofit and has been vesting the property over the last 8 years, wanting his nonprofit (addressing global health issues) to have long term funding and his legacy to live and getting a tax write off.

I also don't have a lot of time to dedicate to it since I have a FT job.

This is how I started in the business and can be a great strategy if you know what you're doing and have the time to dedicate to it.

Do you have the time to dedicate to a rehab project and all that goes along with it?

I have dedicated myself to starting my R.E.I business this year focused on Multifamily Value-add and new construction.

It seems like it is a dedication from rental cost, but what if reno’s are taking longer than expected and things like taxes are building up?

It covers costs to mail out postcards or letters, it covers their costs to acquire a list, and their time dedicated to taking calls, negotiating the deal and building their buyer’s list.

You need not have an LLC for the bank account from day 1, but a dedicated property account makes record keeping cleaner and less of a hassle when turning in tax reports.

I don't have a compressor this large, but I do have large metal working tools with dedicated 220 volt circuits.