I realized if I were to rent my condo that I live in, I would lose almost $50 a month even though I initially thought I would cash flow $300.

i am wanting this income to be taxed passively, so i can avoid self employment tax. when cash flow starts coming in is when i will transition into full time real estate investing. i.e. flipping, buying raw land and developing, etc. doing most of the work myself having been in the construction trade for the last 20 years. would that put me as a real estate professional?

Its a wonder anyone moves with those kind of rates locked in.

Got it at 150k + 6k in rehab = ~156k all in.

I am looking into HMLs for a fix and flip property I am interested in. 

Hi All,If you're having a meetup, count me in!

@Lukas GetterWhat area are you investing in?

Data is from A and B class properties only.Where LTV comes in is your debt service is part of your expenses.

Hi I'm pretty new to this whole real estate investing thing trying to learn as much as I can but also figure the best way to learn is going to be by jumping in.

Account Closed I would recommend learning a lot more before jumping in.