(Census.gov)Employment Growth: Between 2022 and 2023, employment in Lincolnton grew by 3.98%, increasing from 4,830 to 5,020 employees .

My parents were self employed their entire lives.

., 100+ hours, more than anyone else), you can offset W-2 income using rental losses, no REP status needed.Cost Segregation and Bonus Depreciation: Accelerate depreciation (80% bonus in 2024) to generate large paper losses.

If you have one rental generating $0 cash flow - then probably not.

Looking for: Someone that’s kind, caring, and patience, NOT JUDGEMENTAL OR A KNOW IT ALL.Someone that is flexible and still structured Someone that will guide me through regular activities that help me build my business such as: lead generation activities, practicing buyer consults, practicing seller consultation, help making scripts for conversation, etc.

Only respond to questions where you have some knowledge (No AI-generated answers) and don't ask for business, just provide useful information. 

The idea is not to completely ignore cash flow, but rather to seek deals for their potential for equity gains, even if that means a modest cash-on-cash return.Due to the combined forces of value-add, market appreciation, amortization, and leverage, seeking deals that build equity can generate large amounts of capital with which you can reinvest.

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?

Refinancing would reduce my monthly net cash flow to around $200–$280, meaning lower ROI and thinner margins.My gut says it’s worth it since the additional property could generate more cash flow than I would have without refinancing, but I’d like to hear from others who’ve been in this situation.

While knowledge is important, the real problem for most agents is not understanding lead generation and marketing.