Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

👇So far, Dave has hosted live workshops packed with his latest data insights on the following topics:  ✅ February: Picking a Market for your First (or Next) Real Estate Investment✅ March: How Do Mortgage Rates Work, and Where Are They Going?

High efficiency appliances were utilized including HVAC, light fixtures and water heater.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

People did not have BiggerPockets, YouTube, podcasts, or hundreds of books on real estate investing.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

My title company has told me that it is impossible to do a simultaneous closing using only the end-buyers’ money to fund the transaction on a wholesale deal as they say it is considered a “dry closing” and is illegal in the state of Virginia.Someone from the title company also told me that there is a limit on the number of assignment deals that you can do before you are forced to get a real estate license or it is considered brokering without a license.

A teardown in a great location might be a real winner. 

The Real Estate Market in the "Hole" was struggling and having a hard time keeping up2.

And then invest that cash flow in real estate.

This isn’t the end goal for me but just the beginning as I get my feet wet in the real estate world.