I've learned quite a bit doing this ... one thing my parents didn't realize was the charity they chose was not tax deductible because they designated a " % percentage" rather than a set amount.. so I couldn't right off 45K as a deduction.. lesson learned if I set up a trust for myself. 

New Single-Family House acquisition in Downey CA seeking an architect and interior designer ASAP.  

I own a mixed use building with three (2) bedroom apartments and a store front commercial unit that is currently leased as a TAW to a religious group.  The commercial space use to be leased to an antiques dealer,  sma...

Some RE projects are designed for pure cashflow, others are social experiments.

The language goes something like this:If landlord does not actually receive a rent payment in the full amount at the designated place of payment by the 3rd day of each month at 11:59pm, tenant will pay landlord for each late payment:1) an initial late charge equal to $100, and2) additional late charges of $10/day thereafter until rent and late charges are paid in full.

Is it tribal knowledge, your own tools, market trend reports? 

Is this a trend we'll look back on and laugh at one day?

Any measure of things involving money are going to typically be on an upward trend.

Even if you invest in stocks (usually considered a very passive place to invest), you have to re-balance your portfolio, monitor large trends, check news stories, look at financial statements, listen to shareholder meetings, etc. etc.In this case, if your properties are under an even reasonable property management company, you will be in a situation where your income is more or less "passive".  

I love to design and decorate and that's what got me into this.