So excited we found tenants, we took our realtors word for it and didn’t properly vet our new tenants.

If the tenants don't care for the pool properly, it could cost you thousands to fix.

You can too, without being a wholesaler or an agent.You can walk into a mall to a jewelry store and buy gold, which is simple, but you pay a huge markup.

I don't know the rules in the US, but in Canada, you can do that every 2 years and when you sell, you don't pay taxes on the capital gains.

And are insured properly.

We are responsible for the mortgage as of January 1 - but it's come to our attention that they stopped paying it back In October 2024.

Gaining valuable insights into the local market.Always consider that Jackson County has a LOT of variability in KC proper and then uniques submarkets of LS, BS, Independence, Raytown, Grandview, etc all with their own local city governments, rules and regulations, each with their own uniques submarkets of their own...Happy to chat and share my knowledge and experience.2.

Having the books properly set up for the first time ever will help me get all the deductions I’m entitled to.

,While no investment is completely passive, proper real estate investing should be relatively boring.You asked about the process and major considerations.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊Please send us any feedback via email, as we do not use the DM feature here.