I have harped on this point continually, but many investors limit themselves and their wealth building because they do not educate themselves on three foundation principles necessary to understand and utilize the most effective wealth and estate building tactics and strategies in real estate.

Here’s a short and incomplete list of ways I’ve either utilized myself or financed investors who utilized to create a high cash flow investment. 1.

These are true STR expenses listed, not the typical “oh, you just have to pay for your mortgage and utilities” logic some “gurus” teach.

I was renting at a price point that I could afford as long as I received help with utilities, but that ended this year and nothing else has opened up, yet.

They have all utilities on the property so we use electrical and then every couple of weeks we run a water hose to an external tote we use for our water.

The rent is $2345+$50 pet fee excluding utilities.

That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.

Do you have zoning permits, building permits, utility approvals?

You get an estoppel from each tenant saying this is how much rent I’m paying, this is how big a security deposit I gave, here’s who pays for utilities, when my lease ends, etc etc. 

Or that they’ll be able to use a highly sophisticated technique that can really only successfully be utilized when all the stars align and in circumstances that occur irregularly and need to be recognized as such, always by an experienced real estate investor.