Passive income is money that you earn without actively working for it.

Being the nearest city to California, the area is easy to manage, has low property taxes, and is favorable to landlords.

Most would agree the top three are interest rates, taxes and insurance.

Many will go 6-12 months before closing a deal and earning their first commission check.That said, you may want to consider a PT job to fund your business.

. $2,500-$2,700 in rent but have a $1,900 mortgage (including current property taxes) plus $100 for insurance, plus a 10% chance of no one renting and another 10% set aside for repairs.After all that I'm in a range of breaking even or making $200 a month with this as a rental.

DSCR refinance are not under Fannie/Freddie products, and the qualification process is based on rental income and PITI, rather than W-2 and tax returns.

I would like dabble in Texas, but the high property taxes along with high mortgage rate make it difficult at the moment. 

For those that are concerned with owner fraud, I have earned a verified owner seal on the listing.

On the HUD site there are 1,128 Sheriffs Sales, 1,392 Foreclosures, 89,031 Bankruptcies and 222,031 Tax Liens with a map and the amount in each County.

Tax Assessment – tax assessment for the property in question shows Land @ $48,920 and Improvement @ $174,300 (or a 22%/78% distribution from the total tax assessed value of $223,220).Wouldn’t be fair to use the $174,300 valuation as the basis for the CSS?