That said, it’s totally fine to learn both at the same time if you have the bandwidth.On a related note—if you’re 18 or older and haven’t already, consider opening a credit card (responsibly).

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.

I just finished reading Rich Dad Poor Dad and am ready to learn about real estate investing.

The financial fallout can bleed into personal assets and ruin credit.

Potential Causes for High Drywall Moisture in a Beachfront Property:High Humidity: Beachfront properties often experience higher relative humidity due to their proximity to the water.Poor Ventilation: Inadequate ventilation can trap moisture indoors, leading to elevated humidity levels.Leaking: Even a small leak can significantly increase drywall moisture content.Salt Air: Salt in the air can contribute to moisture issues, especially in coastal regions.Condensation: Poorly insulated walls or single-pane windows can lead to condensation buildup.

I haven't used WealthAbility but have read Tom Wheelright's book on Tax Strategy, I think it was part of Rich Dad Poor Dad book series.Did come across this post which seemed favorablehttps://www.biggerpockets.com/forums/519/topics/731377-has-anyone-used-wealthability

This hurt their credit in each other cases because they had those credit cards open for many years with high credit limits so now they not only don’t have those cards to use, but because they had them open for a long time with high credit limits when they got closed on their credit reports it caused their scores to drop significantly.

About 3 years ago, I opened a credit card.

How much you choose to pay out to yourself as the owner is a separate transaction—not part of cash flow calculation.So when they say:Cash flow = $6045"Actual cash flow" = $2845 (after removing deposits again)…that sounds like either poor formatting or someone trying to get creative with terms that shouldn't be flexible.If you're open to it, I’d ask the PM for a line-item ledger or owner statement that shows actual rent collected, deposits received, expenses paid, and funds disbursed.

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?