It takes patience, strategic thinking, and a burning commitment to building wealth over time.

Because many have been burned over the past few years investing with sponsors who had little to no experience and investors were caught by the glamourous and sexy returns that were being promised that they were getting four years ago but are now gone from big returns to big losses.So the first question you are gonna have to answer is how do you plan on protecting investors money?

I had an investment property that burned down recently.  

If anyone does have a property in the area, I’d like to connect, I have a seller financing deal currently under contract which I will have to terminate cause I didn’t do the due diligence on the actual section 8 FMR. 5k burned.

@Cassidy Burns runs a great one which is a nice blend of education and networking.

With this endeavor, the boats have been burned, the walls will be stormed at any and all costs.Hope everyone is having a great week and ending of the summer!

I don't love taking HELOCS to burn, but if you have 500k in equity, you can safely use up to 250k to buy another property and probably get one that cash flows well by not living there.

In the case of a successful tort against you, you might regret commingling funds in a single bank account, but I can't see how keeping them consistently separated would ever burn you, even if it is a bit less convenient.  

Even I open a window in winter if I burn something in the kitchen.

I've been burned by this once before, but it's just less stress on me with this informal policy.