For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

It depends on non-SEC 8 market rents for similar properties, the utility estimate for your property, and the tenant's income.

When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

My bookkeeping practice pays me active income, so my priority is equity.For debt loans, you will see 10-15% annualized, depending on your experience as an operator.

If it’s in California they will chase you for state income tax if you ever sell your new property, even if you exchange out of state. 

Low income neighborhood, yes, huge returns, not really, but it was all cash; net for me was $10k.

We have a couple newer houses, and they are almost invisible, just a monthly income.

Hi, I am less than 10 years away from my retirement and I would like to build up my passive income to real estate to ensure that I have a steady stream of income after retirement.

Open to being a full-time agent for sure, but imagining that could take some time to replace my current income.

Indeed, the FAIR ordinance is anything but fair to non-corporate landlords, seemingly punished for investing in rental houses to generate income as an alternative to stocks and bonds.A handful of opportunists likely could learn to exploit these new rules, preying on otherwise law-abiding landlords to obtain legalized shake-down payments.