If you’re close to $150,000 in AGI, a few ways you can bring that down AGI is by maxing out a 401k traditional ($23k for 2024 tax year), maxing out your HSA ($4,150 for 2024 tax year), and if you have any capital losses from stocks (up to $3k per year), I would encourage you to have great bookkeeping to ensure you’re capturing all of your deductions appropriately on your rental property.

this is good.2. saving up a bunch of cash to "retire" as quickly as possible, putting 100% of it in stocks, and then obsessing about the safe withdrawal rate for the rest of time. 

Of course the co-signer should be significantly stronger in ALL areas as compared to the applicant...usually this is a parent or relative, and they should be well established, with ownership of real estate for years; long and stable employment; no, or very distant, criminal and traffic court records; well funded SAVINGS/IRA's or stock market accounts.

The stock market is, of course, up and down.

I'm eager to meet and collaborate with fellow investors and industry experts who share my goals and principles.

Affordability is about 1:3So yeah on the surface it looks like a big difference, but there's a lot of things not controlled for in the stats- There were a crazy amount of houses built in the years just after the war, so housing stock was easy to come by everywhere;- Homes had nowhere near the kind of features they have now - 2 car garages, dishwashers, OTC microwaves, W/D hookups, high efficiency windows, central heat & air conditioning, etc - all those doodads and niceties drive up the cost of housing;- Fewer mortgages were 30 year, so homeowners had to pay (relatively) higher monthly payments;- Rentals were almost exclusively apartments, so there was more supply for buyers;ETCI think these things tend to be more stories that make for good press but aren't really that grounded in reality overall.

Unfortunately, at the time, and for the years that followed, I was preoccupied with the notion that stocks were the superior investment vehicle.

So being conservative we would say you gain $46k in equity ($1.15m times 4%) plus cash flow (which I would argue is basically nothing after vacancy, repairs, capex) plus principle portion of debt pay down (you’ll have to look at your statements and figure this out).

New electrical and plumbing were needed after doing the demo of the kitchen and bathroomsOn the buying materials, I did buy the kitchen cabinets (in-stock), countertops, bathroom vanities, tile and plumbing and light fixtures (not the recessed lights which the contractor bought).

Syndications are also not Debt or Stock investments from both an SEC, market information or management standpoint.