Horrible tenants increase cautiousness and interaction with insurance Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

IYes, we get our listings stolen regularly on facebook and have to report them

For example, I think when people look at rental rates in Spain they consider regular annual rentals and Airbnb-style rentals which are two ends of a spectrum and have their respective drawbacks (changing legislation, etc).

It's a nice feeling not to have to wake up to go to a "regular" job!

@Aaron Raffaelli we call all the cities that touch Detroit, the Ring Cities - except the Grosse Pts.These cities are mostly Class B and are solid rentals.Detroit overall has gentrified to Class C, but at least a third of the city is Class D still.Check out the interactive map on our website and watch for whats coming...

Yes, but I do not have one.So would I just file a regular schedule C.

Nothing is truly "passive" and a big misconception with new folks wanting to enter the real estate arena.For example, just bought a 6 unit using leverage and trying to secure a loan was a disaster of a process.I can only imagine what others have to go through on every time they purchase a property using leverage.But then again, I'm bias to the "cash only" approach.The constantly changing conditions, terms, keeping tight bookkeeping records and tax returns in order and regularly manipulating the BS credit score algorithm.Placing good tenants is more a skill then hope.It took me 10+ years to fully wrap my head around using leverage the right way and being able to "manipulate" the system to get better rates with a quicker turn around.Keep being great thanks for your reading and replying to my comments 🙏

I do get regular emails from their group - but the ROI on most properties that they have sent recently has bene around 8-10%, not the 'at least 12%' that CM promises in his videos.

Hello BP,I am getting "You are banned or banned from interacting" message while posting.Can you please help me in posting the message.Thanks in advance.

It depends a lot on your risk profile and regular income.