What is a big lesson you've learned through your experiences?

I'm witnessing my neighbor go through hell and paying for squatters living in their house and losing money instead of making for 7 months while trying to get these people evicted.

The partnership with Mike Hardin exemplified our collaborative approach to maximizing property value through strategic investments.

By reducing your basis through accumulated depreciation, you effectively increase the taxable gain when you sell the property.It's essential to keep accurate records of depreciation, as it can have a significant impact on your tax liability when you sell the property.

You can accept the bid, and then talk this through with the cleaner to adjust the price and making sure all your demands will be attended professionally.

I'm in a final round with a company but steady income has not been secured yet so if I could at least cash flow that would really help me stay afloat for the time being.Obviously I could market the unit as-is and potentially rent to someone but won't likely be able to rent to a section 8 tenant which I was hoping for down the line.I was considering starting off with 3-month leases with auto renew and I have been VERY clear with him that if he is unwilling to pay on time that I still am treating this as a business and am not afraid to evict him.

out our way these letters are usually far more than letters they can be a bound booklet.. with pictures of the family  the family dog  the family parrott  pics of their kids at the beach etc etc.. long flowing letters. 

Gave us written acceptance, went through the appraisal process, but then while rounding 3 base, choked.

It will likely take at least 3-5 years of focused effort to start generating significant cash flow from real estate, even if you use leverage (financing).

Dividends give you cash flow but usually very little.With Real Estate, you make money 4 ways:- Appreciation (forced vs natural).