Leverage your construction skills for flips, start with smaller projects to minimize risk, and consider house hacking or long-term rentals for a steady income.

Analyze Rental Income PotentialRun the numbers for your specific property.

I bring sales experience from selling RVs and have always been interested in real estate investing as a way to generate income and eventually achieve time and financial freedom. 

My thinking immediately turned to researching local rental costs per square foot to determine income potential with triple the current square footage.

The rental income from the first home will pay for the mortgage/monthly costs.  

I’m an investor and student of the game when it comes to building passive income and a solid portfolio.

For example, I see newer investors attempting wholesaling or bird-dogging for other investors to generate additional income to invest.

If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.

After years of focusing on my career and building financial stability, I’m ready to dive into real estate investing and start creating passive income and long-term wealth.My short-term goal is to purchase my first duplex or single family rental. 

I own a small portfolio that brings enough income for me not to have a w-2 income.