Then a 4:1 return ratio in marketing spend is where I like to aim... in this case, I'd be willing to spend up to $5k to get a deal.

So, if one aims to replace current income of $90k-$120K/year one may start with $2200-$2500/mo marketing campaign.

You could aim to get the studious, low key, chill type of tenant as opposed to the rambunctious party animals typically found in a college setting thus avoiding the types of "confrontation" that are likely to come with the latter.

This new regulation aims to increase transparency in the real estate market and protect buyers from potential issues with recently renovated properties.As a fix and flip investor in California, I'm curious to know how this new legislation is affecting your strategies and operations.

Quote from @Simon Ashbaugh: Hey Nahon, it really comes down to what you're aiming for.

We have two rental properties we keep for supplemental income.

Consider whether you aim to build a substantial real estate portfolio for ongoing income or diversify investments over time.Risk Management: Assess risks associated with property ownership, including vacancies, maintenance costs, and market fluctuations.Risk Management: Assess risks such as vacancies, maintenance costs, and market fluctuations associated with owning multiple properties.Tax Planning: Work closely with a tax professional to develop a balanced strategy that maximizes current income offset with depreciation, while planning for depreciation recapture and optimizing use of 1031 exchanges.

Hello BiggerPockets community,My wife and I have a combined W-2 income of approximately $550K, supplemented by $100K in stock grants annually.

A fix and flip calculator is an essential tool for real estate investors aiming to maximize their profits.

Wholesalers aim to quickly acquire properties and then sell them to other investors or buyers for a profit.