I am a small business owner in Atlanta, looking to generate more passive income over time by investing in buy-and-hold rental properties.My current goal is to learn as much as possible about buying and managing rental properties, and to purchase my first property within the next 12 months.During the past month, I’ve…Read Brandon's book on Managing Rental PropertiesRead Scott’s new book Set for LifeRead The Millionaire Real Estate InvestorBeen constantly listening to the Bigger Pockets podcast episodesAttended several of the BP webinarsSet up alerts on Zillow and Redfin for properties that meet my criteria…and I just purchased the BP Pro membership yesterday, so I can use the calculators to analyze potential rental properties.The two investment options I’m considering at this point are...

And many thanks to the constant support the BP community provides!

A lot of people on BP constantly use the Pom Poms for using OPM... which I get from a certain perspective (their mindset is you can do multiple deals at once this way).However, we are talking about 9-12% interest plus 1-3 points on top of that.

A topic I constantly hear being debated about is syndicating through family members.

Constantly we are meeting new people, building rapport, and forming long last relationships. 

These tenants are constantly yelling and having issues, have random people knocking on their doors late at night and littering/loitering.

The downside is that the apostles of these worthless rules of thumb and members of the church of cash flow on cheap low quality ghetto houses will constantly blast you on BP and label you a speculator for daring to suggest that money can still be made on more expensive, higher quality properties, in higher quality neighborhoods.

Lending has NO tax benefits like owning rentals, but used together they may be a constant source of income.

I am a renter myself and our toilet flaps started staying up after flushing, causing the constant run of water.  

If tenants aren't paying: lights get left on, A/C runs constantly if not home, showers are longer, etc.