The area has appreciated very well over the past couple of years and we bought cheaper than we probably should have been able to, again through timing and where the builder was at on things- some of their other projects that were like ours in the same neighborhood were purchased a month later for $25,000 more than what we paid.

While not every mentor is a guaranteed path to success, proper vetting through referrals, review of a mentor’s track record, and alignment between the mentee and the mentor can shine some light on whether or not this relationship is a good fit.

As often happens with a HELOC vs a traditional mortgage.For example, if you mortgage rate is 5%, most instances your HELOC (assuming you are using it to replace your mortgage in 1st position) rate will be in the neighborhood of 3%.Continuing to make your mortgage payment (based off 5% interest) towards the HELOC would allow you to pay it off dramatically faster - relative to a 30yr note (the impact is greatly decreased on shorter notes). 

Back when a close friend of mine; he’s a commercial landlord in Phoenix who once took on a quircky triplex in a tough neighborhood..decided to reshuffle his insurance setup, I saw firsthand how getting stuck in a clunky policy can really stall your forward momentum.

All seasoned investors know who to run the deal by before they write and that person would always fit my five point definition of a deal killer.

Both land investing and multifamily are great but what's best for you is more important.Land has no cashflow and is speculating imo too so personally it doesn't fit my investment thesis of buying property that produces cashflow.

The one thing that JWB does well in terms of management is trying to manage my expectations through scripted interaction and condescending comments like "maybe real estate is not a good fit for you”.

He ended up finding an eight-plex in a growing neighborhood that’s now practically printing rent checks for him.

Fits personal space needs for now, and business goals lng-term.How did you find this deal and how did you negotiate it?

Make sure they will easily fit with your small trash bags.