So any extra pointers or tips , books, would be great guys I would love to connect and build relationships!

This is what I recommend to new investors who contact me asking if these numbers look good. 

- Run a cost segregation study on this property in 2024 and you might have $100k on line 18...Without diving too deep on this post - If you run this scenario as a real estate professional while materially participating in the property, You'll be able to reduce your's and your spouses taxable income that year... 

I need some tips for investing when your immediate home is a HCOL area.

Even this is an incomplete list.Worst of all, the main reason not to make this loan is that you will not hold a first position-lien against the property.

Deposit rent into checking account, transfer excess funds into brokerage account, make money. 

I recommend checking Ohio, its a very beginner/landlord friendly state to get started. 

This is where expert mortgage brokers come in, acting as your guide through the maze of real estate financing.

So if they can get guaranteed 5% interest in an account they can get their money out of at any time they’ll want 8-10-12%. 

Ike, there are plenty of great property management companies in Atlanta but you still have to check behind them.