Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Do you have other ways to decrease your expenses or increase your income aside from real estate? 

In Arlington County, VA, the real estate market has seen notable changes from January 2024 to January 2025:Listings: The number of listings increased by 39, a 19.7% rise, from 198 to 237.Listed Median Price: The listed median price went up by $17,400, showing a 2.25% increase, from $772,500 to $789,900.Units Sold: The number of units sold increased by 2, a 1.59% increase, from 126 to 128.Sold Median Price: The sold median price decreased by $54,250, an 8.38% decrease, from $647,500 to $593,250.Summary: An increase in listings indicates a rise in supply year over year.

Can you count that $4,600 as “rental income” or does it have to go under some kind of self employment?

As far as the monopoly, why don’t you just self manage?

Quote from @Nick Am: Hi All, I have 2 multifamily rental units that I entirely self-manage.

If for some reason they can't get this sorted out by the next payment date, you should figure out how to physically escrow that payment somewhere...this at least protects your payment until you're confident who it is supposed to go to in the future. 

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It was a wild time for subject to transactions while interest rates were increasing, property values were increasing, and lenders were stuck and could not call loans due when a property was sold or transferred.