You want to get a bit out of your comfort zone in order to achieve growth but not too much to paralyse you.

Just be aware of the higher taxes on trusts (35% tax b4 $10,000 b4 distribution to beneficiaries), & with the exception of The Mass. business trust, trusts per se are not designed to be in a business or a trade, such as flipping properties or finding yourself inadvertently achieving 'dealer status'.

What are the most important tasks that you know you need complete each day in order to achieve your monthly & yearly goals?

I'm also in the North Dallas area, and your goal is easily achievable.

One bedroom which is really a loft style room.

The majority of markets that have high appreciation (specifically west coast) generally do not achieve 1% in monthly rent. 

I am in a similar position, learning all that I can, and figuring out my next best steps to achieve my goals this year.

It is important to strike a balance between debt and equity to achieve the desired level of leverage and optimize the returns from real estate investments.In the next post we will cover ‘Income projections’ for financial analysis.

Having people with the same drive as you can help you achieve your goals even faster.

People keep telling me that it takes 10 years to reach my goal of achieving passive income but I learn it is not the case at all!