Make real estate fun and make it a part of your life.

We reported it & 10 guys & equipment showed up from the town & deemed it a potential hazard BUT we could NOT remove it ourselves, even though we had also complained that tree limbs (widow makers) were falling on the sidewalk used by young school kids.

I have been able to make really expensive houses work! 

Technology in the next 10-50 years will make real estate jobs and agents useless.

They seem to make really good rental properties.

Apple, Google, Xerox, Fuji film, and Meta are all coming into the area. 5k people a month move to the area which has created a housing shortage, rent spikes, major appreciation (not just due to inflation) and you can still find single family homes for sale on the MLS in good condition for ~250k+ Tenant-landlord laws are landlord-friendly and taxes are low.

I don't plan on filming her of course.

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.

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).