We’re actively working toward building a real estate portfolio that will generate passive income and create financial security for our future.

Additionally, the property includes an outdoor swimming pool.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

@Kyle LipkoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I have a w-2 income and own three properties, all long term rentals, that I've had for a few years.

However, capital gains tax (if not exempt) and transaction costs could eat into profits.Cash-Out Refinance- If rental income covers both mortgages, this could scale your portfolio faster—but be cautious of higher mortgage payments and interest rates.If you have any other question, send me a DM or email!

If the property manager uses a payment app integrated with the property management software to collect rent for the landlord, this is not gross income for the property manager.

The seller will always retain the equity and would receive annual distributions - and could structure the agreement with an exit strategy that makes them comfortable. 

More info on DSCR loans generally to better understand how the programs work and what goes into the underwriting: DSCR loans won't use your income to underwrite the loan.

AirDNA shows it on the rise in terms of annual revenue, occupancy rate, average daily rate and revpar, with about 3,000 total listings.

Although, we have a similar structure for our PMA’s, we do not treat security deposit as income but more as reimbursement for damages.