I agree RE will go up and is part of our business model.  

Seems like a great model if done right and with some compassion.

The vast majority of us on here are not fans of this model. 

My living expenses were almost completely rolled into the business model and I lived among an ever changing group of guests who made life lively and entertaining.

@Brad Banks Some models do have bidding wars.

Hi Everyone,I thought it would be helpful to share a couple of excel models that I use in assessing prospective real estate projects.

The losses could be used against other sources of passive income and that is it.If it is a standard self storage model, and thus treated as rental income, then in order to get anything other than passive treatment you would needs REPS status. 

While degrees are not mandatory, a few prerequisites are necessary to successfully execute a ground-up deal.You can engage in networking extensively, but unless you can speak the language of finance, comprehend its metrics, and know how to utilize them for in-depth pro forma modeling, progressing in the business becomes challenging.The initial step in executing a development project is to identify and properly control the acquisition of a site.

It's not a sustainable model and requires a lot of attention.

Everyone can just point the finger at someone else.With a true turnkey model "one stop shop" per se, the penny drops with the turnkey provider and only they are to blame as most genuine turnkey providers will put their name and reputation behind their product/operation.Just my opinion.Thanks