Does anyone here have any experiences in real estate rentals? Thinking about using some of my bonus on a property that will produce passive income down the road.

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I have a duplex and my tenant is covering 90% of my mortgage while I pay pretty much nothing. If I moved out I’d probably cash flow $1600 a month after paying the mortgage. Key is finding a desirable location and making sure the property is in good shape. I’m 25 so anyone can do it

I bought relatively early vs. Peers and rented out the room in my basement to help cover cost. One of my smarter investment decisions.
IMHO get your principal residence paid down fast and then build from a position of low debt.

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