The seller is tired, which means there's a very good chance the contracts aren't that great, the properties are not well managed, a percentage of the tenants may be problematic, etc.The income per door, per month is probably low considering your location and average rents.

For your Cleveland BRRRR adventure, zoom in on neighborhoods that look promising, learn about property values, repair costs, and potential rental income.

Very interested in real life cons to this approach to real estate investing.Thanks.Hi Pamela,Investing in a resort condo in vacation spots like Kissimmee or Orlando can be an appealing real estate venture due to the high tourist traffic and the potential for steady rental income.

As your income and real estate portfolio grow, reaching the $150,000 marks in my opinion the beginning of your financial journey into real estate.

Rent by the room can work for Corporate housing or Student rentals for sure in almost any market.  

I figure carrying a few notes on I/O would allow for stable income and using a few to 1031 can still help me grow.

Likely rental income 3 of the 4 units at $6,500.

I’m interested in taking what I’ve made into properties that can provide me with passive income and capital appreciation.

We are interested in making use of the STR tax strategy to offset our W2 income this year (work 100+ hours, average rental less than 7 days, no one else worked more than us).But1) Can we only keep it as short-term rental for 2024 collecting minimal STR rents and convert it to LTR in the following year (2025).

Build to Rent promises higher income and appreciation but demands a significant upfront investment.