If you want to get into real estate, it might make sense to get your real estate agent license or some other license that gives you credentials when you graduate as a baseline of knowledge and potential income.

Hey Bryan, A lot really plays into the valuation and listing prices for properties: bed/bath count plays into it for sure, but also appraised condition, neighborhood location, neighborhood class, expected rental income, etc. 

Our minimum requirement for credit score is 580. 1 of the applicants credit score is 558 (this person makes majority of the income) and the 2nd person has a 661 credit score.

Participation in actively managing the property, in addition to other factors, changes whether or not losses from a rental (losses that may include bonus depreciation) can be used to offset non-passive income (W-2, 1099, etc). ...

I am lucky that my wife and I do well, with an average income of $500-600k.

The numbers showed that option 2 closes the performance gap as I approached my target retirement age (65+) and exceeded it in retirement.My calculation does not factor in equity appreciation - just compounding of present value.I like the fact that option 2 gives me income while waiting for retirement. 

There is no way you are going to make a 6 figure income (let alone a 7 figure income) working only 10 hours a week from anywhere in the world.4.

If the tenants are ultimately paying the late fees are just bonus income for you.

I think (emphasis on think) I have found a deal for me but here is my situation: I am a recent college grad with no 2 year income (just yet) and I came across this property inHamilton, NJ, in which i need between 100k - 144k after all costs (rehab, closing, 20% down payment) I do not have this money as a 22 year old, so I naturally wanted to get an FHA loan but the problem is, its a quadplex that has all units occupied, so i cant really live here because there would be no space, unless there is a way around this.

If you have incoming leads or a database of expired listings, preforclosure, etc. you register a new phone number with your EIN (we help with this) and then plug your social media, email, into the AI.