Hi! Welcome to Rentals2Wealth! This community is designed to help you get your first or next cashflowing rental property no matter where you live or how much money you have. 🚨Step 1🚨: Introduce Yourself in THIS THREAD below! (✄ copy/paste template 👇) - 👋 Hi, I’m _________! I live in ____________. - I currently have ________ rentals and want to have _________ rentals by this time next year. - My 3 biggest challenges with RE investing right now are _______ , _______ , and _________. - For fun I like to _____________. - Something I'm currently obsessed with is ___________. **Bonus points if you include pictures of yourself and your social links for us to connect** Browse other intros, comment on a few, and connect with new friends. 🙌🏼 🚨Step 2🚨: Go through the Start Here Training! 👈🏻👈🏻👈🏻 Thank you for being here and welcome to the community! 🚀🚀

Hello guys. Question for all of you experienced investors. Would you say it is better to invest in a single family home, or in a duplex? Which option would typically give you a better cash flow?

Bought a home last month that came with tenants who: "are always late but always pay"... (or so the owner told me). They only had 2-months left @ $650/mo in a $1,100/mo area and I picked up the home SubTo for $32k with $4,500 out of pocket, so I snagged it. Fast forward and there's a partial payment (I accepted). Next month, no payments so up went a 3-day notice (this is in Akron, Ohio btw). I get a call from the tenants with the bf yelling and the gf crying and I felt bad. I HATE feeling like the badguy but the tenants know that "I just work for the company". I also told the tenants that after Friday, "legal takes over and it's out of my hands". Friday comes & goes - I still feel bad for these guys and have to put up another 3-day notice (my contractor manages homes so he slaps them up for me). My contractor tells me the next day they were laughing when the 3-day notice went up and they immediately tore it down, BUT my mental shift went from being sympathetic to angry. I immediately engaged an attorney, sent in the $600 retainer fee and now feel much better. Still don't feel GREAT, but as a friend said: "If I have to choose between MY family vs someone else's family, it's an easy choice." I'm hopeful this won't be recurring, and I understand why the landlor wanted out so bad! But.... where there's pain there's profit!

Worksheet is coming along nicely. Taking some time but learning all the way. Let's keep it going guys!!!

I've been using AI for real estate investing a LOT lately. The power is bigger than most people realize but the difficulty in setting up GPTs to do what you actually want them to do is also much bigger. I've learned a lot about human nature through using AI. The craziest part? AI is showing us how weird humans are. Here's proof... 👇🏼 👇🏼 👇🏼 Are you polite when using AI? (say 'thank you', 'please', etc)