Here’s a bit of background on my current situation:I own one rental property that generates $1,900 per month in rental income, and it is paid off ($300K).My primary residence is also paid off ($288K).I’m currently building another rental property with cash ($200K).

Leverage is key and will create generational wealth in less than 10 years.

Quote from @Brendan Jones: I am very new to learning about real estate and am looking for advice on my first home and how I can best use it to help offset my mortgage and generate cash flow.

With the right PM, you’ll have peace of mind knowing your property is in good hands and generating steady income.Good luck with your search!

One fast way to generate cash flow is to invest in high cash flow, low appreciation markets (say several midwest e.g.

I'm in Detroit now for inspections on one and to generate the scope of repairs on the other.

Now that I am in position, I would like to place a mobile home to generate some passive income, but I don't want to use my savings for the down payment.

The second you are introducing metrics to change your marketing that have nothing to do with generating the leads you need, you introduce uncertainty to your systems. 

Meanwhile, gross rents of $1,800+ for 3-bedroom single-families is an achievable figure, so it’s possible to generate cash flow if you lever modestly.There’s a bunch of other stuff that’s worth highlighting—the economy, demographics, neighborhoods, new construction, and more.

Ready to learn, grow and gain financial freedom and generational wealth.