In addition, you would need enough working capital to pay for insurance (which will be going up a LOT in Los Angeles) and to pay for property taxes.Don't buy this unless you have substantial resources and a cash cushion to keep yourself safe.

Do they always do it.

The truth is you can never get it "accurate" as the actual numbers will fluctuate year to year.

The best way to get experience is to do the thing.

First, in my opinion, being a real estate agent, you're either in it full-time or don't do it at all.

Can fix the water damage in the basement yourself.

Don’t forget to network and educate yourself through podcasts and local real estate groups.

At R&H Capital, we’re always looking to connect with other investors, share insights, and collaborate on new opportunities.I’m excited to be here in the BiggerPockets community, where I hope to learn from fellow investors, share my experiences, and build meaningful relationships to grow our real estate ventures.

Landlords can easily do it without a mortgage but they are taking a huge risk.

We're happy to help investors like yourself.