Real estate investing is forgiving; the average person can still make money even with some big mistakes.

Property taxes and insurance have gone up on average of $100 year after year.

Under this rule, if your average stay is seven days or less and you materially participate in managing the property, you can treat it as non-passive income and potentially use tax losses (like depreciation) to offset other income.

This will provide a roughly 10% nominal return likely over the next few decades as it has averaged that since 1900.He says it's simple and other than his son Howard, the others have little interest in investing/finance, and the sp500 index has outperformed >98% of professional money managers over any 20yr or greater stretch. 

@Elvin William you should be able to figure that out yourself by using Zillow to analyze for sale & rental prices.Zillow also has a feature that allows you to export a report of all the average sales prices for each zip code.

The property is in a prime location, close to Old Town Clovis, Fresno State, and outdoor activities.My debt-to-income (DTI) ratio is currently at 50%, but will drop to around 38% in April when my average income increases to $144k (its already there but for loan reasons it needs 2 years of tax returns)..

Check out the News Release here.Not only did RentRedi make the top 200 overall, but they also secured the No. 23 spot in the software industry and are recognized as the No. 18 fastest-growing company in New York.

I'm paying above average cleaning in the Colorado mountains because our cleaner is trustworthy.

I still think syndication investing is fine within a self directed Roth IRA (or traditional IRA).The hold time on a syndication may only average about 5 years, which means when investing outside a syndication you are usually recapturing that depreciation anyways at a time you cannot choose/control as a limited partner.

Average rent in this area might be $1100-$1300/month if you have a nice property but this one is outdated so you would probably get $950/month.