Flipping of course can alleviate some of those concerns, but long-term wealth creation for most people will be done through long-term property ownership (some of our students at FlipSystem who have had success flipping are now using those profits to roll over into long-term rentals as well so they can benefit from some of the tax benefits and appreciation of property ownership).A collection of 3 properties, especially 2 in the Bay Area (I’m assuming those are definitely not cheap), is an amazing start to a portfolio!

With hard work and dedication and education this industry provides extreme wealth creation opportunity.

We have a single, flat fee that covers the creation of your entire Wealth and Tax strategy plus the completion of your first year’s tax return.

It is the State capital so always a lot of economic development and job creation locally.

@Neil AndrewsYou can either become a hard money lender yourself, which requires starting a company, website creation, legal assistance, program creation all to find yourself marketing a product that you have possibly little experience in, and potentially losing money for awhile . . .

*Quick tip* Prime corporate services does LLC creation with articles of organization, op agreement, and EIN for really cheap if you say you were referred by someone who uses them.

It could be that driving for dollars is the exception and not the rule, but it seems that many people have had success, hence the creation of things like the deal machine app.

Its so strange how rental demand is so high in most parts of North America yet everywhere they seem to want to restrict the creation of new units. 

But I am committed to talk openly more about the science and the business of money creation (like I do with my kids at home) in hopes that it might become a more common topic at the dinner table in our community.

Having said that, there are still some great options out there which may be able to help you keep everything in one place (listing the property to 10+ major rental listing sites, managing listing responses + scheduling viewing times, tenant screening w/ a fully comprehensive application, digital lease creation, online rent collection, and maintenance request tracking).