@Eli Joffe the most general but applicable advice in your situation is to start focusing on high cash-flow properties with low equity growth potential in the beginning in order to have the cash to boot strap.Once you have a few properties under your belt, then start phasing in nicer homes which tend to be lower cash-flow with higher equity growth potentialThe former helps you boot-strap using more labor and the latter helps build wealth more passively and with less tenant struggles.

@Christopher RodriguezTo get started in real estate, you need to learn a lot, meet people in the field, gain hands-on experience, and plan your finances well.

My point is when I PASSIVELY earn 1%-5% that's a good deal!

This way, you gain real-world experience without having to shoulder all the financial risks alone.Learn MoreIf you’re interested in learning more about our program and seeing some of the deals we’ve done with our partners, you can visit my BiggerPockets profile.

However, I'm looking into other opportunities to increase cash flow.As a 26-year-old investor, I am exploring options to maximize my returns while minimizing capital gains taxes on my $125K.

This doesn't even account for the equity gain that is likely to be seen throughout the build processOn the flip side, depending on the location of your parcel, it could be in a high demand area that you could cash out by selling the property quickly.

You don't have to trade out of a single family rental into another single family rental -- there are other 1031-eligible investments that might fit by providing passive monthly income. 

Ty Hi Nicholas,I am new to Real Estate Investing as well and dedicating some of my time reading books, listening to podcasts and learning terminologies which I think would help us immensely in understanding the content we consume.House hack is a real estate terminology that means generating passive income from renting a part of your own property (i.e., a room, space, etc.) while living in the same property yourself.Hope this helps!

This is a two-way interview, so have a short list of questions to ask the mentor (What books do you recommend I read to gain a better understanding?

Unfortunately, it appears that your contact details might have changed, impeding our attempts to reconnect.Regarding the course foundation, while formal MLS access is traditionally acquired by a licensed Realtor, it’s essential to note that there are diverse pathways available to gain access, ensuring that your ability to close deals isn’t solely dependent on it.