This is lengthy, but hopefully it will help some other folks decide.I purchased the package and even decided to attend his 2 day boot camp and buy his gold level mentoring program.

Another factor to consider might be the direction you think our economy is headed in.Both inflation and deflation punish those using leverage in different ways, and in both direct and indirect ways.However, if you own a hard asset free and clear the 'purchasing power' should remain about the same.One trick with real estate is to understand how very illliquid it is and to ensure that you have enough 'operating' funds to hold on to it through any lengthy tough times."

It can be a lengthy process using a specialist and you want to really vet them because there are some very shady characters in this profession.

We had a very lengthy discussion on my parrallel programs including owner financed , high ltvs.

An owner occupant has even lower expenses than a landlord (you usually don't wreck your own house or force yourself into a lengthy eviction).

If you want to make an offer on a bank owned property, you have to do it on a lengthy Realtor contract, which won't be assignable.

My husband is very supportive of our little empire of 2 rentals :wink: We've already been through an eviction, lengthy vacancies, annoying tenant, multiple repairs, etc.

So, one turn over a year with no vacancy amounts to about 14% of the gross)Legal feesCPA feesThen, you get into the bad stuff that's rare, but still part of the business - lengthy evictions, major damage done by a tenant or tenant lawsuits.

If they are in an R-1 zone, you will have a very difficult and lengthy process with an uncertain outcome because you would have to apply for a zoning change.

It may take some lengthy searching.