It was a very low stress way to get my feet wet.

Property owners have operating expenses that are rising just as fast as everything else in society. 

Typing out EVERY SINGLE income and expense in my life, personal or business.

Nothing held back for maintenance because the houses they recommend buying are all newly rehabbed, and nothing held back for capital expenses because you should sell them in less than five years and move into multifamily investments so nothing major should break before then. 

Do what is good for you.Lending money is the easiest, low hassle, low worry way to make money.

Specifically, the areas near Wake Forest Medical School and Wake Forest Baptist Medical Center have attracted investors, as students are seeking rentals during residency.Favorable Tax Laws:  North Carolina boasts relatively low tax rates compared to many other states, with property taxes averaging at 0.70%, which is below the national average.

We tell most of our landlords clients to consider themselves as running a trade or business, because it allows them to claim business overhead expenses, among other benefits.2. 

You could start saving and cutting your expenses aiming at arriving at that specific amount for a down payment on the day of purchase.

One way or another, however, the investors must work to pay down loans, increase rents and decrease expenses wherever possible.

Tax Returns: Request copies of the individual's previous years tax returns will confirm there yearly income and account for expenses and liabilities.4.