This to me is THE ideal passive income stream.

This to me is THE ideal passive income stream.

Although I have some income from direct marketing and book sales, for many years 95% or more has come from real estate but different aspects of it like rentals, flips, holding paper and managing/contracting.

View report*This link comes directly from our calculators, based on information input by the member who posted.I own six doors now.

Hey everyone, I'm about to send out my first direct mail campaign for small apartments around the Atlanta area (targeting 5-16 units).

If so, is this something that a third party servicer could do at my direction?

My ideal situation would be to place it on a loan as soon as I can to recoup my cash back and gain buying power again.

This is value add opportunity- rents had previously been under market value (450/month) and since acquiring the property and renovating it, the management team recently raised the rents to match market value in the area (525/month) The property is projected to generate over 25k of monthly income, a cash flow of almost 11k a month, and the annual cash on cash ROIis projected to be nearly 32% This would be my first large multi-unit apartment deal and I’m looking to either obtain a commercial loan for the property or (ideally) find private/hard money lender that would might also (eventually) serve as a partner/mentor/associate/eventual first to a smart, hardworking, and ambitious young real estate investor.

Therefore, you can deduct items that are directly related(repairs) to the rental units plus items paid indirectly for the rental units(think real estate taxes, interest, insurance).in addition - it looks like you are looking to use parts of the personal residence as a home office.Just note that, it would be hard to prove that you use 100% of the personal residence as a home office. 

Who's your ideal customer?