During that time we were able to save more money and our budget went up.

But I quickly realized that scaling one house at a time wasn’t the most efficient path to financial freedom.

What Does it Take to Achieve the Dream of Full Time Real Estate Investor?

Biggest things you’ll want your cpa to guide you through;Material participation- there’s three tests; 500 hours; 100 hours and more than anyone else’s time, and substantially all the activity.

I am the first time rental property buyer.

I'm a full-time agent/investor here and have lots of experience on both ends.

I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).

Quote from @Jordan Brown: Hi my name is Jordan, Im currently a full time student in college.

It could provide valuable insight into timing your refinances strategically across 3, 5, 7, or 10-year terms to hedge against market fluctuations and avoid unnecessary risk.

Quote from @Sarah Hartstein: Hello everyone, I am brand new to this website and looking forward to gaining some extra insights on property within the US and beyond ;) I started as a part-time Realtor with Keller Williams in Santa Barbara, California, however domestic sales never really “tooted my horn.”