that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

For example, I have a connection in Dallas, TX who purchased multiple STRs in Miramar Beach, FL and claims to only be breaking even, which I found extremely difficult to believe because I also have a connection who owns a one bed, one bath condo in Destin, FL who made $78K in rental income, including the lodging tax and cleaning fees, and was still able to net approximately $35K in 2023.

It's a fantastic strategy to pay down debt.Assemble a team of professionals, including a real estate agent, mortgage broker, and possibly a property manager.

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

These books will include real estate specific, as well as self-improvement subjects, among others.

I’m in the Syracuse area and multi families are one of the main attractions from an investment standpoint.

My main gig is I own 28 Subway restaurant franchises, including in this town and if that's the rumor they want to spread, I'm fearful of the fall out to my restaurants.

My cpa told me I still can’t use the passive loss (negative K1 from syndication deal) To offset my real estate income (mainly commission).

I started with a property that needed mainly cosmetic fixes -- new granite, knobs, paint, floors, etc.

@Kenneth Hynes - Not sure of the cost in your part of the world- but in the Omaha area, refinishing hardwoods runs around $2.75/sft, including the stain and poly.