The equity gained during that time from being in a high appreciation market, combined with not having much rent and being able to save for a down payment on property #2, was truly life changing and totally worth it. 

As you gain experience, you'll have time to think about long-term goals and develop a plan to get you where you want to go.

Hi-I have money to invest;-I invest longterm in the stock market, REITS and I'm looking to diversify;-Interested in real estate investing that is passive and remote/long distance;-I live in Dominican Republic but I travel;- I want more knowledge about how to filter the passive strategies to find a trustable team: syndication, crowdfunding, turnkey. 

No option but to sell to stop hemorrhaging...After selling can I deduct losses (including passive losses) against other capital gains or ordinary income by 3K?

We purchased it the same way, with a conventional loan with 20% down, and it is doing well, the calendar is full, and we have an Air BnB superhost who also turns it over for us in between guests, and handles all guest correspondence and concerns, so it is truly passive.

But I also think the real gains in real estate are not in cash flow but in long-term appreciation.

Hi, I'm looking to gain some market knowledge in the Tampa, FL area.

Ordinary Income: Profits from flips are typically considered ordinary income, not capital gains.2.

With 9 properties, 4 paid and 5 financed, you could clear a bunch of cash flow, pay for rent in SFo area or almost and if you buy something in SFO, you could do the home buyer jumbo loan thing and pay the mortgage with the passive income your tenants give you each month.Keep in mind that a 12plex is a commercial real estate property that does not apply for traditional residential financing and the only way to increase value is by improving the rent roll.

3-6 months after my first house hack I plan to look at other properties to invest into, preferably out of state or near colleges in OH.I’ve always been intrigued with real estate and how someone can gain so much financial freedom and time with owning properties.