Just a few points for you to consider to hopefully get you on the right track: * Option to Buy and Lease are separate documents with separate purposes.* Tenants pay a NON-Refundable Option Consideration Fee in order to receive that option.

When buying a property, there are a lot of items that can be deducted at tax time, like property taxes, HOAs, utilities (if you pay them), mortgage interest, and depreciation (based on 27.5 years).If my income puts me in the 28% tax bracket, and those deductible items listed above come out to $10,000 (easy number for math purposes), would I be able to collect an additional $2,800 from the IRS...and would it be smart to include this in your cash on cash ROI calculations for the year?

We plan on buying for rental purposes and possibly a flip or BRRR.

My purpose for starting this thread would be to ask those who might be interested and willing to share how they would have started off if they had $300k available to them as a beginner investor.

Just a few points for you to consider to hopefully get you on the right track: * Option to Buy and Lease are separate documents with separate purposes.* Tenants pay a NON-Refundable Option Consideration Fee in order to receive that option.

Got your postcard in the mail encouraging me to sell my property to your Bayou Property Partners and see that you frequent my same group of real estate network websites.Good luck out there sir, my portfolio is vacant land on purpose.  

If you are doing sandwich lease deals, or option assignments, this is even more important.The lease agreement and option to purchase agreement will be 2 separate documents with different purposes...

Just a few points for you to consider to hopefully get you on the right track: * Option to Buy and Lease are separate documents with separate purposes.* Tenants pay a NON-Refundable Option Consideration Fee in order to receive that option.

Unfortunately forums are often just a venue for bragging and self promotion instead of an area for cultivating friendships and helping others.

However I believe that with the right attitude and with the right information, I will be able to develop the skills I need in order to successfully invest in real estate for the purpose of renting for passive income and for flipping houses.My question is this: "What is the advice that you would give someone just getting into real estate in order for them to hit the ground running by the time they make their first actual investment?"