So, you have to be kinda into learning that stuff, and having someone in the family or friend circle with some expertise is a big help.

I've wanted to get into real estate for a long time but typically moving into that realm in a w2 position means a decent pay cut and probable loss of all the other good stuff.

That’s some exciting stuff!

A place to sleep, shower and shelter a bit, while not doing all the outdoor stuff that are the main attraction anyway.I particularly see the appeal if tiny homes can be added to the land of an existing property.

A lot of free themes built around vacation rentals etc.It isn't quite as easy as Wix, but I think you could manage it.Bluehost and Dreamhost are 2 site hosting services that work with WordPress.There is a lot to unpack here but by using WP, you can start with just a simple site then add more stuff like payments etc.

I know that certified mail is nesc for official notices like lease renewal, rent increase, notice about bad behavior etc but what about day to day stuff like repairs?

But when I'm using cash instead of financing and, on a smaller build (2/1, 1300 sq ft), I can save 25k to 30k in financing and another 30k or so in the other stuff, that adds up quick when you stack it on to the fact that the actual build costs are coming in well under retail.

Furthermore, they add something along the lines of "this property is working for you, cash flow is here to cover this type of stuff while the property is appreciating -- so what if you have that 5K HVAC unit replacement " (FYI, even when optimistically calculated, cash flow does NOT cover a 5K HVAC unit within the first few years) 3.

They are rare, and hard to spot/access for most people.I got lucky and fell into one in 2019 (Detroit) and bought C-class stuff hand-over-fist for 2 years.

I used Steven Adair MacDonald for other stuff but not specifically for ellis act.