Suppose it pays you another $100k, expecting that you are a dedicated employee and not suspecting that in reality you spend all your time on your builder business, having ChatGPT write your employee status reports for you.

The harsh reality: You don't just inherit property - you inherit the tax problems attached to it.

I think having an established game plan and setting your expectations of what you want from the start against the reality of the market and having that conversation will be important.I help first time investors often who trust my guidance and I’m friends with all of them now and they’re doing amazing knock on wood.

@Justin Wijesinghe,I'm a licensed agent in NJ and have sold here for years, so I’ll be blunt - it’s really tough to make single-family rentals cash flow in most parts of the state.The reality: high purchase prices + high property taxes + strict tenant protections + costly insurance = very thin or negative cash flow for SFRs. 

Anyone who has done that volume in Ohio has seen tough realities.

The reality is that maintenance/cap ex has more an inverse relationship to rent than a straight ratio.  

The pain is real.But here's the reality of how this happens in RE versus crypto: leverage.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

It was a very sad reality to me but I left that arrangement with him owing me a lot of money.

Maybe a heloc, but it is a challenge.the reality is the current RE market is much more challenging than it was prior to 2022.