In some cases, after crunching the numbers, the profit margin was so slim—or even negative—that I had to pass on some promising opportunities.Here’s my situation: I currently own two properties—a primary residence and a rental property—both of which have substantial equity.

And following this convoluted rabbit hole calculate what kind of property you would need to exceed the profit level you have right now. 

Stay tuned for our next blog on tenant retention strategies for long-term profitability!

I could have gotten to profitability in a fraction of the time without those unnecessary expenses. 

Some of these strategies (though not all, and possibly not the most profitable) are the subject of constant discussion on BP. 

I own 9 rentals in SC spread across Columbia, Chapin, and Newberry that are solidly profitable. 

Contrary to most business lending, the REI industry has a lot of "non-bank" lenders that provide attractive loans that can lower your cost of capital and improve your profit/cash flow. 

- The property is probably NOT as profitable as you think it is.More reality for you - how are you going to cashflow enough from leveraged rentals to replace your current income?

When you live in that duplex for 2 years and then sell you'll be able to take 50% of the profit tax free (the allocation for the side you lived in). 

I used the 75% rule on the income and added it and my DTI without the rental goes from 24% to 38%.Or does it just allow me to just take the net profit of that rental and add it to my rental?