Losing 85% on a single REIT would’ve been devastating if you were all-in, but spreading out across 10 investments turned the overall outcome positive because of the winners.Here’s a few extra key tips to avoid big losses in passive investments:Focus on cash flow: Invest in assets that generate consistent income.

Now to provide extra comfort and convenience to our buyers (who are mostly out of state) we agree to help them out by getting them set up with local property management that we work with closely as well as assisting management market the property for rent to place tenants.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Make the rules such that the tenant, in order to get the extra federal unemployment, must pay at least half of it to rent.

If you are paying an extra $1200 a year for something are unlikely to need, how much does a new roof cost? 

The idea here being you buy a 3-4 bedroom house near your practice facilities--and renting the extra rooms to your teammates. 

The other 2 lots I created ended up being on the other side of the street so it didn't really effect how my estate was laid out and $400k is a nice lil chunk of extra change to have when you're doing a big build.

Thoughtful extras, such as welcome baskets or well-stocked kitchens with basic spices, can make a stay memorable.

You can always build in a small extra fee for a realtor if its an off market property.

The top producing agent wants nothing to do with a new out-of-state investor, they are local specialists who don't need extra business or time suck.