I have an applicant who says she lived in the Dominican Republic prior to the 2 years she's been at her current address.

@Jacques CaspiTo succeed in real estate investing, I’ve found it’s crucial to budget for unexpected expenses, focus on thorough tenant screening, and build strong relationships with contractors.

My mom still lives in the home as my tenant.

We take the T12 roll it forward, we strip out anomalies and one-time expenses and then layer in base assumptions and any known large expenses that are planned for the next 12 months.

We live in this nice house because I'm covering some of the mortgage expense with the income from the house hack.

I live in a costly area, and this is the main stoppage point of getting me to just jump in.

Make sure you have a lot of ducks and all fo them in a row. 5 year estimates on revenue and expenses, full business plan, licenses etc etc all in place before you go in.

Having lived there a year it is a foreign country and many things are different and culture etc plus you have the native peoples that own huge amounts of real estate and They dont pay income tax and they get food and gas for way cheaper etc etc..

Purchase price: $325,000 Cash invested: $150,000 This was our first primary home and was converted to rental after living in it for 10 years.

Most of the methods are for advanced investors and not nearly as common or easy as portrayed by YouTube gurus selling courses for a living.