Got all kinds of threats from him to make trouble for me...maybe he will, maybe he won't....its a crazy world.Here's a fun gif of this grown man crawling under a patio table to get into the closed off area....

You could wait tables for one shift and earn twice as much without any of the risk.

Table below is the sample used to explain the cap rate increase in one year or 5 years.First year is straight forward. 

As someone said before..McDonalds, Walmart, waitressing or bussing tables, retail...there are so many job options available...choose one....put some money aside to pay down debts and open the secure credit card and go from there.

You typically will need to come to the table with 25% of the projects costs and can borrow the other 75% from a hard money lender. 

I've been at this game for a while now, and I'm looking to start to build my portfolio as well as leave less money on the table by doing some fix & flip deals myself.Anyway, that's about it.

While Texas is a non-disclosure state, the appraisal districts are pretty good about capturing values off deeds of trust, etc so expect that number to be higher after the sale unless you bring a lot of cash to the table. 

In that unfortunately (but potential) situation, you end up having to bring in another contractor (who will get paid), and then still have an equity obligation to your friend.In my experience, partnering with a contractor who brings nothing to the table other than their contracting skills is a situation where the investor has a whole lot to lose and not a lot to gain.

A) You can generally make the calls on your schedule, meaning evenings and weekends are on the table, and B) it gets you experienced with talking to sellers.

If they are a guarantor, they have the right to know if their daughter is meeting her obligations under the lease and the privilege of opening their wallet if she is not.Little is harder on household social cohesion than walking out into the kitchen in the morning to find helicopter mom or over-protective dad sitting at the table.