Jumping into a fourplex is a great way to gain firsthand investing experience while building credibility as an agent.

That is several thousand in rent gained right there and they is not even counting the cost you would incur with each turnover.

You should be able to offset all the passive losses against the passive gain.

Hello Faysal,1st of all, I personally don't like option 1, not equity gain with your investment.For your option 2, with your cash available position, I would see if I could talk the owner in to Owner financing the property for 12 months at 5%, with $100k down. 

Before you sell... please talk to your accountant about the capital gains and depreciation you will have to pay back... that might frustrate you more than fix up issues. 

The cap gains will be over 300k.

Most people say to start an LLC for liability purposes but some say you should use it to gain tax benefits afforded to businesses and not individuals.

Investors can use this information to build a network of reliable contractors, helping them with future renovation or construction projects.Building permit lists offer valuable insights for real estate investors looking to uncover hidden opportunities and gain a competitive edge.

As you gain experience, your might change your marketing strategy.

I’m especially interested in long-term rentals and techniques to enhance cash flow and ROI, driven by a passion for financial independence and building long-term wealth through real estate.I’m eager to connect with fellow enthusiasts, gain insights from your experiences, and actively contribute to this community.