Purchase price: $500,000 Cash invested: $100,000 Purchase aimed at creating a steady income stream, while also offering significant potential for long-term appreciation.

Purchase price: $830,000 Cash invested: $225,000 The invested gain from the previous sale was utilized to upgrade, leveraging an ideal location for long-term appreciation, ultimately ensuring income during retirement.

Truthfully I couldn’t afford with of my duplexes without the rental income.

Account Closed Contractors are businesses .

@Wayne Brooks I thought all rental income is considered a passive income?

You would definitely need to also work on your income or get other people to co-sign on the loan to afford a $850k-$950k home. 

@Brian Holloway Account Closed I can help you guys out, shoot me a contact request and we can talk.

One of the many advantages being classified as a “real estate professional “allows you to offset income with real estate “paper losses “ like depreciation and other expenses.

Hi, Applicant has good income and job, but ha filed a Bankruptcy in 2015.

They only have contact with the manager, and the rent goes directly to my back account via the manager.Good luck,John Crawford,  Westerville, Ohio