It is really not passive income.

My question is, is it hard to get started and make good income as a real estate agent?

Serious buyers, but need guidance on neighborhoods to avoid, what may be for sale now that is already income producing, areas to consider, etc.Thanks!

I know it's talked about all the time, but I recommend people leave their equity and focus on increasing income, cutting expenses, and saving for the next investment.

I will rent out this new house, covering my mortgage payments with the rental income and steadily building equity over the years.Let me know if you are interested in doing something like this in Southern California, I have my team (brokerage, lender, architect, GC) ready to go.                          

Show one to your tax preparer and ask them what else you need.Your PMC should give you an Annual Statement in January of next year showing ALL income they collected on your behalf with a 1098.This should be all, with anything you paid separately, your tax preparer should need.

Understand factors like demand, supply, demographics, and economic trends.Diversification: Spread your investments across different types of properties, locations, and markets to reduce exposure to risk.Financial Analysis: Conduct comprehensive financial analysis, including assessing potential rental income, expenses, and cash flow projections.

Some more info on DSCR rates and how they're calculated:DSCR loans won't use your income to underwrite the loan.

What I’m really intrigued on doing is getting a short term rental, mainly because of long term appreciation and I can depreciate the first year and potentially reduce my other businesses income so there would be a tax savings there on top of some monthly income coming in.

But I'm pretty sure I can't find any houses for 20k around here If you want low income rentals stay as far away from NYC as possible.