Those expenses are crucial in determining your overall rental income and the amount calculated into a child support payment.This post originally appeared on the BiggerPockets blog.

I think this is crucial. 

A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.If you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

Keeping an eye on Federal Reserve policy and mortgage rate trends is crucial to timing your investment and budgeting accordingly.2.

Embracing the investor mindset is crucial for anyone venturing into real estate.

I love that it has features to market the property, manage those leads, screen tenants... and also manage leases, collect rent, etc.

Every system you try will have flaws or you'll salivate over a feature that shows up in other software.

These plans vary in the number of users and features included and are built for different purposes. 

A notable sign of progress is that Detroit's population saw a slight uptick in 2023 according to the US Census—the first increase in nearly 70 years, which shows some positive momentum.I've found Detroit to be a good mix of cash flow and potential appreciation, but having a solid team on the ground is absolutely crucial.

Vetting a property management company is crucial for protecting your investment.