Cash flow, long-term appreciation, generational wealth for kids, diversification, etc.

When done right, this strategy lets them defer taxes while generating steady income in retirement.This post does not create a CPA-Client relationship.

Real estate investing can be a powerful way to generate passive income, but managing a rental property isn’t always as "hands-off" as it may seem.

Here are just a few of the reasons why:Accurate financial reporting: By tracking your income and expenses, you'll be able to generate accurate financial reports that show you how your properties are performing.

Does anyone have any tools, methods, behaviors that generate notices, delivery methods/couriers, mail, posting, etc.

Unfortunately, as I have been analyzing properties in my identified neighborhoods, I haven't found anything that fits in my buybox and generates enough cashflow to justify the investment.

And believe me, anyone investing through many COMPLETE market cycles has made losing investments - though they may have appears to be profitable through TIME.   

One thing I’ve found helpful is adding a clause that prohibits using the property for any business purposes, including Airbnb or other profit-generating activities.

They are looking to write off taxes, leave it for the next generation and enjoy life in a community that meets all of their needs (convenience and privacy).

I hired a private investigators once to help me track down a next of kin because 3 generations of direct descendants were dead.