You may have cause to sue Donald Trump or Warren Buffett knowing they are worth billions, but you'll never get anything because of the dynasty and land trusts and other legal vehicles used to protect those vehicles, of which they are merely the sometimes-beneficiary.

It is all a marketing ploy, just like car dealers offering vehicles at "rock bottom pricing."

I have another way , I only allow tenants automobiles on the property , unauthorized vehicles will be towed , all guests must park on the street .

However, you do have the potential for appreciation which you do not in notes, that is one negative for the note side.Definitely go the 401k route if you can, it is a much better vehicle than the IRA.

@John K.Our lease (actually the schedule 'A' to our lease) identifies the tenant is responsible for any by-law infraction fines assessed as a consequence of their failure to fulfill their obligations and responsibilities (put out garbage, clear snow, or mow the lawn, having non-operable vehicles on the property, etc).When we receive such a fine from the City, we pay it and then send the the tenant a letter and invoice for the amount of the fine, plus an administrative fee to cover our bookkeepers time to issue and collect the invoice {though we typically waive the administration fee on first offences}.

What other investment vehicle can give you that kind of return?

So to accept a cap rate of 7% I need to obtain capital at 4% or lower.I know this isn't precise but I hope it provides some help.Good Luck.Bill

Locating investors suitable for you would be another great service that big data could help out with.I can't see paying a premium to try to figure out capex more precisely.

Win/win all around.Good luck everyone, real estate is a great vehicle to set yourself up for a great life.

Kinda like buying a 10 y/o used car, keeping it for 3 months, then selling and warrantying to the next buyer that no prior owner has ever wrecked, flooded or otherwise damaged the vehicle.