My wife and I like the idea of building a house on the property and either using it to generate rental income or just selling it once it's completed.

Plus, older properties in established neighborhoods often have more stable appreciation over time.On the other hand, the new development, though slightly more expensive, might offer modern amenities, energy efficiency, and potentially lower maintenance costs.

Good Afternoon BP!I am looking to move my real estate agent/auctioneer business into the land niches (agriculture, residential and commercial).  Has anyone in the community prospected specifically for land with some g...

The prices are more closely tied to the income they generate vs what the people next door paid for their house.As for your long term goals, I am not sure starting with a duplex or four plex will open the door for owning in that asset class (larger multifamily) the way you might think it would.

Through November of this year, the unit generated $130,355.23.

When you tell these people that it often takes more than a decade before the investing makes things like that possible, they go looking elsewhere for advice, until they find someone who's willing to sell them what they want to hear.Building relationships, improving your lifestyle, relieving chronic anxiety, creating strong friendships, building bonds with family, work-life balance, delayed gratification, risk-reward management, lifelong financial freedom, all the really good things about REI are often suffocated under the overwhelming need to GENERATE INCOME TO QUIT MY HATEFUL JOB.What's the best thing about investing for me?

On the one hand, I realize I just need to let time do it's magic and enjoy appreciation and debt paydown, but I'm looking for ways to continually grow my portfolio by either acquiring more properties or finding ways to generate more income which will be used to purchase more properties.I tried using OPM but that doesn't work for me for several reasons - if I go down a loan route I can't pay it back because of my LTV cap and partnering for equity requires a lot of work in bulding trust and even then it's for a very small share of equity which is insignificant.

I am very fortunate to say that I can generator about $800 pure cashflow from this investment.

The rest have a combined worth of about 1.5 million but aren’t owned free and clear yet.All Properties are collecting rent and generate about $16,500 (profit) a month in Cash flow after mortgages/expenses.

Good income generator for both units and also gives the opportunity for owner occupancy.