However, this rule is more property- or activity-specific and can be easier to meet than the 750-hour rule, depending on your portfolio size and involvement level.

For full time management rates can range from 20-30% of gross revenue depending on the level of services provided.

I had grown very close to him and had developed a great deal of trust for this person.

Trusted Partner in Bossier City.

But it’s clear you’re a smart investor who knows the long-term benefits real estate can bring.I keep reminding myself why I stick with real estate: you can make money every month in four different ways:Cash Flow – Passive income to live on.Appreciation – Long-term property value growth.Depreciation – Tax benefits that reduce your taxable income.Tenants Paying Down the Mortgage – Even if you’re paid off now, this is one of the biggest wealth-building tools for leveraged properties.It sounds like your main struggle is the stress of active management—and trust me, you’re not alone.

I would speak with a loan officer to get an idea of what I would qualify for with that level of student debt. 

Consult your tax professional: while podcasts are great, make sure you have an existing relationship with a tax professional you can trust.

You can accelerate your goals if you have someone that you trust that you could partner with.Good luck on your real estate journey bro!

We add up the scores and get a total score that reflects the level of risk the applicant presents.

But trust me, you just need to jump in.