-----------OK… so let’s pretend my ex-business partner’s name is Newton (it’s not—but Newton sounds like a fun name).

Essentially you just pretend the seller is bank.

Long term goals, and then figure out realistically how I would achieve those goals, and everything came around to ----- Real Estate.I've been reading BP for over five or six months now, and while I have two very close friends in real estate (one in AZ, one in Cali), I do not pretend to know anything about it, nor do I plan to be as aggressive as a lot of people here with flipping and such; however, I do understand that if leveraged effectively, it can help me reach my ultimate goals, while also doing some wealth building as a nice bonus.I left the insurance industry about five years ago to pursue some other endeavors, such as starting my own travel agency; doing freelance writing around food and travel, and launching a website all about women in the culinary industry.

Dan Kennedy, as mentioned above, is basically the guy who pretends to teach you marketing for your business, but ultimately is trying to just sell you tons of books and course (that just cross & up-sell you into more books and courses) eventually to get you to start a coaching program for your business to teach others how to do their business better.

If you're willing to do the management yourself and pretend that return is coming from the property instead of your labor (as many investors do) you might make $8000 a year for a 8% cash on cash return.I absolutely would not lend you money at 5-6%.

Let's pretend everything happens or happened on Jan 1.

., pretend you're hiring someone else to do the contracting and figure out an appropriate equity split given that situation), and then separately, decide on how much he's worth to the team as the contractor, and pay him that much for his contract work.I would suggest that for the contract work that you treat him like a contractor from a contractual standpoint -- have contracts in place with a clearly defined scope of work and draw schedule.

In either case lets not pretend we can print and borrow money for free then have a full recovery with no deleterious effects.

Usually condos in that primo of an area won't even pretend to put profit in your pocket each month.

So call around and pretend that you would like to rent a similar unit, and see what is on the market.