Believe it or not a trailer park keeps coming up as a possible money maker.

Many successful PMs also buy and sell RE, with the brokerage side of the business being the actual money-maker and the PM side providing stability compared to the more volatile sales side but not really generating much profit, except as a feeder of leads to the brokerage side since the owners of the properties they manage are likely to use them to buy and sell (assuming they treat them well).

It's possible to find a deal in such a case but it takes substantially more work and you're dealing with a third party instead of the decision maker.

So if you buy a property for $100K, incur $20K of depreciation and then sell for $120K, you would pay the capital gains on $120K - $100K + $20K = $40K.I think a lot of people have a misconception that depreciation is a huge money maker/saver...in most cases it is more or less an interest free loan until you sell the property.

Zelle isn't a money maker by itself for member banks, but it requires you to have an account with them.

They seem to make really good rental properties.

Every market had deals and deal makers.

But know a rental of this type typically is not a money maker.

I know that breaking into real estate investing is going to be difficult as I was frustrated and discouraged after realizing how much I have to learn after attending the REIA meeting.I am young and inexperienced but I am determined to make real estate investing work for me.

When you know what your needs are you can then work with your family to make real satisfaction for the lot of you!