., not available for rent) cannot be deducted as current expenses but must be capitalized, adding them to the property's basis for future depreciation once it's placed in service.

. - if I use my cash, the investment needs to generate > 5%.

Offer to help with lead generation, driving for dollars, cold calling, or even administrative tasks.

With the right PM, you’ll have peace of mind knowing your property is in good hands and generating steady income.Good luck with your search!

From day one I treated my involvement in real estate as a real business.This means, I had an advertising budget, a lead generating and follow up process, a back end process and money source and above all an experienced mentor.  

Quote from @Brendan Jones: I am very new to learning about real estate and am looking for advice on my first home and how I can best use it to help offset my mortgage and generate cash flow.

Hi Jessica, I would suggest getting a propstream or any other lead generation account, finding cash buyers who bought similiar properties to yours in the last 3-6 months in the area of the properties you are looking to sell, skip trace then cold call or cold texting the list. 

Even if it does, there's closing costs to consider.As I said, I have no cash myself, so I'm asking how I can deal with generating cash for closing costs (and a down payment) if it comes to it.The house costs $139000.

Hi BP, would like to hear feedback from all you folks in or near the Kansas City area,Currently I'm looking for a software to help me generate leads, but there's so many of them to choose from, I don't know which is best suited for my area.

Over the past decade, I’ve built and managed purpose-driven homes in CA that serve communities while generating stable, long-term cash flow.In addition to running care homes, I also consult with aspiring care home owners across multiple states, including Texas, Arizona, and Michigan (Detroit area).