Finally, create a detailed financial plan that includes your home buying budget, loan arrangements, rental income and expenses to ensure that the investment remains profitableThank you!

But HOA are a whole other universeAnytime people buy properties for STR they really need to have a plan B and C for changes in the market and law... the STR is subject to a lot of changes, so you need to be prepared

I'm definitely new and I don't have all the logistics planned out this is just the vision now I'm trying to backwards engineer and figure out my steps I thought my first step would be to househack a 4-Plex on an FHA loan and then graduate to six or 12 units and then move on to bigger properties most likely outside of Chicago to your point. right now I am very confused this is the second time someone has said that four unit is not like a six or 12 but I'm not really sure in what ways is it the underwriting is it the management is it literally every aspect of it.

My fiance and I are planning our post-wedding strategy and REI investing is a core part of our strategy.

He told be that he had “already” purchased a $92,000 company car and spent $4,500 setting up a company defined benefit pension plan. 2.

While we plan on doing a lot of the work ourselves, we are realistic with our limits and will need to hire much of it out. 

My family and I are looking for a primary residence with the plan to rent it out after hopefully 5-6 years.

I’ve put together a 365 page business plan for my real estate investment company.

It's the old plan for the worst and hope for the best scenario.  

It’s crucial to have a clear plan and build a support network, whether you choose to invest locally or out-of-state.