By utilizing section 8 income we will turn it into a property that is insured beyond belief and make over $ 418,000 gross $320,268 net.

@Treza Edwards "I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

Hello BP Community, I am under contract to purchase a new construction home as an investment property and I am the RE Agent.

Being albe to disect trades work that will not only meet inspection standards but exceed the investor or owners expectations. 

So, only invest in cities that meet the following requirements:Low crime: Companies are unlikely to choose high-crime cities.

@Amanda Lindsay Which property management software did you end up going with and how is your experience?

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

Most traditional property managers don’t handle this setup due to challenges like managing tenant disputes, coordinating overlapping move-ins/outs, and the risk of Fair Housing violations when selecting tenants.

Because the property tax as a non-owner occupied property is about 3-4 times the amount of a owner occupied property.  

Remember last summer when mortgage rates briefly dipped, and it looked like more homeowners might finally list their properties?