You can learn to do this independently or get a rockstar REALTOR to lead the way.

., rentals, flips, or house hacking] and eager to build a portfolio that leads to financial freedom.Currently, I’m learning, networking, and analyzing deals to take my first steps.Questions for You:What’s the best advice for a beginner?

If you are using STR, REPS, or self rental with material participation to convert to active or nonpassive income, you do not have to do this if you have passive business invesment that produce passive income that will exceed the loss generated by depreciation.

Additionally, Airbnb income during this period could generate steady cash flow, though market conditions and regulatory risks should be considered.

The closing of this business is what lead me to “double down” on real estate. 

It’s risky but can lead to significant returns!

Collecting rent statements, expense receipts, mortgage interest docs, and more—can sometimes feel like a full-time job in the weeks leading up to tax day.

They will have additional costs for mailing & online campaigns to get leads.

(This well could be a generational thing and whatever the comfort level of the guest is.)

When you leave, a duplex will typically generate more cash flow as a long term rental than a single family home.