However, this can be contrasted to a considerably lower rate in those segments with college degrees and further educational attainment, which is supported by lower median income of $34,748 in 28301 and $54,444 in 28304 compared to $66,778 in 28305 and $61,053 in 28306.

By increasing the property's value through renovations, you can potentially increase rental income and improve cash flow.Long-Term Rental Demand: Consider markets with strong long-term rental demand, such as college towns, military towns, or areas with growing industries.

You are going to be very bored when you retire young so start building your REI portfolio so you can travel and visit your properties and continue to build your portfolio and future wealth through passive income.

2023 & 2024 seems to be year of challenges for investors and I did enter the world of investing during these difficult times. When interest rates are peak high I started my first investment and was able to cash fl...

If you don't have income, the IRS will probably catch up with you on filing tax returns for a business with deductions but zero income.However, if you don't care about your corporate veil and don't care about claiming your expenses as deductions (remember, nothing says you have to...), then go ahead --- is my layman's opinion. 

I’m looking into fix and flip, BRRR and becoming a landlord, passive income.

Hi, Frank, if the seller only has one year of income and expense data, how can we figure out the right number to purchase?

In my opinion, I believe it’s best to separate your rental income, even if it’s owned in your personal name.

I just looked up the covenants on the online city records, hoping to see an amended recording, and the original 1997 ones appear to be the only ones there, so this helps me understand the issue more fully, if they take precendent over Rules & Regs. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.