Your investment journey can be expedited and living expenditures can be compensated by generating rental income from the purchase of a great home in a prime location close to necessary facilities.

Don’t put every spare dollar you have in real estate and always leave some aside for capital expenditures.

However, one thing that did stick out to me was the lack of accounting for Capital Expenditures.

@Kristen Descant HVAC replacements are Capital Expenditures.

The new investment earns $24,000 a year, but the cost of the mortgage + the equity loan will be $22,332—and that’s before you account for taxes, insurance, maintenance, capital expenditures, vacancies, etc.

Trouble is, NOI doesn't factor in capital expenditures.

@Michael McVety we have maintenance logs but will add CapEx expenditure too.

Financial InformationWhat is the estimated amount for capital expenditures?

If I need to redo something down the line 10-20 years that is also expected and I will have capital expenditures built up by then.

Reach out to me if you would like more information, and we'll see how much cash we can get back for you to offset your losses and expenditures (100% free to do the study, then they give you the amount of the savings and cost to get that money back, and you then determine if you want to move forward).There's also a FREE webinar discussing this tax strategy tomorrow, Wednesday May 15th, at 10 am PT / 1 pm EST that you may register for here (safe link): https://linda-b251e.gr8.com/Best of luck to you!