Living in Los Angeles makes real estate investing unreachable with how high homes are here, so I will be looking out state to start my journey.

For now, I am willing to make an exception for dependents. 

My name is Brendan and I am starting my real estate investing journey.

@Mose Gebremeskel One I’d recommend is How Real Estate Changed My Life.

Quote from @Kerri Asekeme: Is it a good idea to get my real estate license to have access to the mls? 

Suggest you get your real estate license because highly unlikely you can make a living off of 10 units - unless they have no mortgages on them.Even then, taxes, insurance, maintenance, vacancies and nonpaying tenants will make it difficult.So, you'll need to do wholesaling, fix & flips, or be a real estate agent for other investors to supplement your rental cashflow.

Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

Owning in a place you like makes the occasional visit feel less like a chore.And always build a local team you trust—property manager, handyman, and insurance/mortgage pros that understand investment real estate.

We use real estate other.

Work with a real estate CPA to handle depreciation, cost seg, and proper allocation of tax benefits.