But now it's become the second homes of the ultra rich and the second fastest growing financial sector in the country.

If you have cash to burn, I would suggest registering yourself into real estate courses at your local university - way more respectable instructors and nobody will upsell you to their "ultra super premium" course which you must take!

I'm curious about those numbers, I've yet to see numbers close to those.It sounds like in order to find stuff like that the numbers would have to be embellished, since it seems like true 2% properties are quite rare, and that means the 50% rule will have to bent.What I mean by that is, finding for example a $100K property with $2k rent (which is what I would "need" in order to assume $1K cashflow with the %50 rule) is quite rare, especially assuming it's in a market I have a property management I can trust,  and in a good neighborhood.I know that the 50% rule is ultra conservative, and that I don't necessarily need a $2K rent for a $1K cashflow.

Unless you’re ultra high risk or in the marijuana business or some other reason that would cause you to be un-bankable...

Understandably they are very private people being ultra high net worth which is 25 million and higher.I am glad this site is giving you so much success.

That's what I just paid to 100% rehab a 3/1.5 with new bathroom, all laminant floors, new AC, paint kitchen cabs with Home Depot's latest Behr Ultra white enamel paint, the best latex paint in the world.

They will of course try and sell you on more ongoing coaching, the free seminar leads to the bootcamp which leads to the monthly coaching which leads to the ultra mastermind insiders club group etc etc.

I also use a lady in Texas who gets us fast same day quotes and is ultra responsive, and her quotes are very reasonable.

FYI a bank would take you but just know that banks are ultra conservative and move very slow.

Perhaps if there is a lack of knowledge/ability on deploying additional capital effectively... or maybe a lack of confidence with properly estimating and maintaining enough liquidity to cover the moderate volatility of owning a rental portfolio.But aAt the end of the day though one's equity simply won't grow as fast the more it is dissipated into inefficient investment vehicles, and it could be argued that, ironically, leads to greater inability to cover risk and adverse circumstances than the ultra-conservative REI's tenets end up doing.