Investing in a property that’s already renovated, rented, and professionally managed could allow you to start generating passive income immediately without the added expenses of house hacking.What’s most important for you in this first deal—cash flow, appreciation, or long-term stability?

Readers are advised to seek professional advice.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Just be mindful of the following things when it comes to California.California does not recognize Bonus DepreciationCalifornia does not recognize real estate professional status.Therefore, you can potentially reduce your Federal taxes but not your California taxes.

.✅ Professional Tenant Screening – Property managers have systems in place to screen applicants thoroughly, reducing the risk of bad tenants.✅ Knowledge of Chicago Rental Laws – A good property manager stays up to date on local laws, helping you avoid costly legal mistakes.✅ Maintenance & Repairs Handled – No more emergency calls at 2 AM about a broken water heater!

Readers should seek professional advice.

I'm Chris, cybersecurity professional, and getting into wholesaling in Austin, TX and Northern California (Sacramento, SF/Bay area), all areas I know intimately. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Sale price: $222,017 JWB Real Estate Capital helps busy professionals from across the world invest in real estate in Jacksonville, FL.