These areas might provide higher returns due to lower initial property costs combined with tax savings.Rent Control Laws: Be mindful of local rent control or tenant protection laws, which could limit your ability to adjust rental rates or manage your property effectively.7.

I am NOT operating to where a late tenant payment affects my ability to manage my rentals and pay my expenses.

Also factor in your ability to do more deals because you’re fully focused on real estate.

After the repairs are done, send a bill to your neighbor demanding payment within 30 days or you will sue.

Ability to work remotely so they could keep their jobs and live anywhere. 

While these alternatives may come with higher interest rates, the flexibility they offer such as faster closings and more lenient terms often outweighs the upfront costs, especially in fast-moving markets.For example, hard money loans can give you the ability to close quickly on distressed properties, which traditional banks may take too long to approve.

The goal is to provide safe affordable housing at market price, and if residents don't pay, you have the ability to get a judgment within thirty days.

Tax benefits are great, and the ability to extract equity without selling is very beneficial when trying to scale.You don't have to BRRRR, you an always buy an apartment, fix it and flip it.

A lot of these buildings are already filled with renters that have hit their limits on ability to pay.

It’s a tried-and-true way to build long-term wealth, with tax benefits like depreciation and the ability to leverage financing.