I have been my own guarantor on everything I've borrowed on the entire half a billion dollars in real estate that I've bought. 

I have followed the latter immensely as I work for a nonprofit focused on clean water preservation worldwide and it would not surprise me if Michigan was shipping billions of dollars of water to Arizona in the next few years. 

But maybe he can sell that idea to Softbank for a billion dollars :)

It’s hard to believe someone would try to get a million or even billion dollar loan knowing they can’t float it, but one just has to look back at the housing bubble and all them subprime borrowers who bororrowed money without a 2nd thought the minute someone removed a few rules.

When that happens, billions will added back on to the City's books.2.

It just throws you off completely.This is my opinionGo walk the property ideally with your agent and your contractor, take a billion pictures and let your agent and contractor tell you their numbers and make an offer.There really is no "short cut" or an "estimate" way of doing this.We are talking about flipping.

Even though he is recognized as one of the world's richest with a fortune of over $46 billion, investor Warren Buffet, the 'Wizard of Omaha' still lives in the same modest home he bought in 1958 for $31,500."

Paul Kaseburg has sat on both sides of the table on almost $2 billion worth of transactions and has written a fantastic book about investing in real estate syndications.

Managing billions of dollars Real estate has been good to me of course its all I know but there are so many other things we can do for a living that are fruitful.. to me dealing with tenants for the rest of my life would be next to being in Prison..

Very good question man.So I have an Equation:Deals = SEO + CredibilityA more general form....Deals = SEO (PPC/DMM/Banditsigns/what ever it is to get found by people) + CredibilityCredibility without SEO:You buy 15 houses every hour. 3 billion reviews and 3 of them from the president (not trump) that vouch for you.