I quickly knew that I wanted to be on the investment side of real estate and my focus for 2018 is strictly producing income from my job as well as cash generated from fixing and flipping homes (goal of minimum 3 in 2018) in the Central Florida market, including Tampa.

Do the math.Also, you should be keenly aware that on this type of investments you have disabled the two main wealth generators of real estate: principal pay down and appreciation (both natural and forced).

@Ali Boone with 10% down and having as a vacation home and price of the home being roughly $350000 didn’t generate any cash flow according to rental comps

I would just have various other lead generating strategies going.

Hello,I am looking for some real estate investment in Sacramento area but I am little confuse on how should I approach to find a good deal.Yesterday I talked with my real estate agent for buying single family home in this region but after doing some calculation I figure out that I am not generating any cash flow from investment.

There might be a few deals a year at the sheriff sale that meet those criteria, but not many.In my experience, you can usually generate 15-20% equity on a fix and hold deal in good neighborhoods in Tulsa (assuming a ~100k ARV).

I have a portfolio in USA that in theory generates me $70K a year.

Stephen,Thanks for sharing, and the best way to learn is exactly how you did it, jump in. having someone else with some experience does help but doesn't always sink in until you do it yourself. as far as the mechanical equipment, yes you may have gotten a couple years out of the ones you had, but now that you have new equipment you do not have to worry about those for another 12+ years. that's the first thing i look at with houses and figure on replacing as soon as i purchase the property, depending on how old it is.

She was already generating an income at that time from her houses, and I imagine that she won't need to get another job, unless she wants one.

You could be the best renovator in Tx but if no one knows about you, you will not generate any business.