That also happened while we were in the middle of a deep recession and credit crunch, unlike today.

I am getting ready to get involved in real-estate for the first time.

Furthermore, you'll obtain better financing rates/terms with a primary home loan than with an investment mortgage product.To get the ball rolling, connect with an experienced house hacker and investment-focused real estate agent in your market ASAP. 

I am Dan Bruyere, I am a rescue swimmer in the Navy, and very new to real estate investing. 

Let me ask you this: is it fair to require a natural-born US citizen to submit to a credit/criminal background check, but then waive that requirement for someone in the country illegally? 

You might even be paying lower real estate taxes if the county records only have you down as 2 bedrooms and you actually have three.

With the luck of the market, I benefited and realized that real estate is what I would like to do long term.

While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks​​.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.

W-2, 1099, etc.) with passive income/loss from my rentals (STR, LTR).AnswerThere are a few ways, but the most common for real estate investors is to own a rental that 1.) meets the IRS requirements to be considered an STR and 2.) fulfill the material participation requirements (this doesn't require Real Estate Professional Status or REPS).

Hi All,We are looking to expand our real estate adventures into multifamily units.