Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting. 

Good deals often have distressed situations to deal with.

That’s okay—what’s important is understanding the "why" behind your investment decisions.While your accountant’s suggestion is a great starting point, make sure investing aligns with your own goals and situation—not just because someone else is enthusiastic about a particular strategy.

Anyone had a similar situation? 

Today I had a new situation and obviously can't advise on tax/legal matters, but hoping to get some insight from the community.Managing a property for a client who divorced her domestic partner last year.

I love doing these types of deals—not only because most people avoid them, but also because it’s rewarding to help sellers in these situations.

The episodes I struggle on there are the interviews that seem to be either someone the host wants on, or that they were on their show and it’s a reciprocal situation to build an audience.

PachalAUTHOR · CONSULTANT · SPEAKER · COACH · INVESTORSubject2Institute.comGood post, very touchy situation.  

Lots of us are happy to offer suggestions but I think we need to understand your situation better.All the best!

I'm in the same situation with con artist tenants.