Quote from @Eric James: Quote from @Andrew Thomas: Quote from @Eric James: The way you get money for real estate investing is working a job and saving as much money as possible.

With companies pouring money into EV and semiconductor production, job growth is picking up, which will only increase demand for housing in the long run.

Purchase price: $150,000 Cash invested: $90,000 Bought as a forclosure gut job.

The other watchout is if you lose your job you are required to pay the money back quickly, like 30-90 days with most 401K's or the loan gets converted to a withdrawal that comes with tax implications and penalties. 

I drop them and use a competent local RE agent, who did a great job.   

In my day job I do SEO for a digital marketing agency and I am more than happy to talk SEO with anyone who has questions.I'm interested in Long-term rentals, though admittedly, finding deals below market value and funding those deals (not to mention I honestly have no idea have to put the deals under contract in the first place), are problem the first things I'll need to learn.

She also mentioned that they’ve been in real estate since 2006 and have managed over 30 properties (though this is more of a side business for them), which suggests a mom-and-pop operation.

Analyze the area's economy, job growth, schools, and transportation, as these factors attract renters.

Another factor is we both work full time jobs so it’s difficult for us to scale as quickly as we would like to but if we can take these early profits that would change things. 

Aim to increase your Operating Income by acquiring 3-4 units for the next purchase.