Residential real estate investing has the potential to be very profitable. But how much do you need to invest in real estate and generate steady passive income?
Unfortunately, the perceived excessive costs involved ...

Essentially break even annual.- What's the best way to think of this deal as it would be no cash out of pocket but also essentially break even?

2) If yes, did tenant break the lease?

You can create separate projects for property searches, renovations, and goals, and then break those down into tasks with deadlines.

Whenever we have a tenant like this, we immediately give them the option to break the lease without penalty.

If you're close to breaking even and you're buying with almost no cash out of pocket it may still be worth it. 

My net cash flow on the 10 houses I bought in Arkansas in the last 10 months is 5k/month if nothing breaks.

We wouldn't be breaking ground anytime soon, just now starting the info gathering phase.

From what I’m seeing in this market (Hoboken, Essex and Bergen county), it’s really hard to break-even or turn a profit.

I've been thinking about this one a lot as a realtor having to have these convos with my clients, and wanted to break it down with some simple numbers.You may have heard about the new law changes in the real estate industry about commissions and compensation.Some home sellers might be asking, “why would I want to pay a buyer’s agent??”