Strive now to develop your horizontal income stream to put yourself on better financial footing for your future.

I am a little confused or just want to clarify the responses....I am in the process of converting previously amassed 401k (developed through W-2 employment) to a solo/self directed 401k (an LLC - as I am now a consultant/1099). 

We aren't really sure what our niche will be, but are ideally looking for a SFH for our first.  

Maybe you're good at developing relationships, raising capital, property management etc.

  $300/mo cash flow for a $325k property isn't ideal, but might be worth it if it's appreciating. 

However, most likely interest rates will be going up significantly, so if you sell the bond you may be forced to sell at a discount.If you are willing to hold onto an investment for at least 5 years (longer is ideal) and are comfortable with volatility, index funds might be a good choice for you. 

Hello! I am a new member to bigger pockets. I have been listening to the podcasts for a couple weeks and am hooked! I've always looked for a way to create passive income and real estate has always intrigued me. I'm ho...

I've decided to look up properties in a specific area that are tax delinquent to develop a list I could cold call.Direct mails seems out of the question for now until I get a few deals out of the way to fund a proper campaign.My process is as follows: A) List all properties that owe a certain amount in taxes where I feel there may be motivation to sell (ex. 8k owed & up).

I would recommend connecting with local investors and develop some relationships.

I’m clearly emotionally attached to this property but I feel like it’s gonna be a gold mine when the new development up the street is finished.