Trying to calculate accumulated interest on the outstanding rent balance is too much effort for what you will collect ...

We have almost daily discussions on how well we're meeting our weekly and monthly expense goals and targets.It is much easier to make money and spend what you make than it is to steadily accumulate wealth and not let it slip through your fingers.

I thank you all for giving me the extra boost to take the knowledge I've accumulated and piece it all together on the dirt road.

Expanding on this market niche, the most recent real estate transactions I've participated in, have all involved sellers in their advanced age whom have accumulated considerable portfolios and are in the process of liquidating or recapturing some of their very hard earned investment and equity. 

You should accumulate a margin of error as your project goes one.

Over the years I have accumulated a few and was wondering if anyone has any ideas on collections.

I have a great job, but our next plan was to then start accumulating rental properties so that there is no way that I will need to work on my 60th birthday.The great news is that between today's sale being complete and selling all the clutter out of our lives, we are on track to accomplish the June goal.

First would be to either flip houses, or use the BRRRR method full time to accumulate a nice portfolio.

There is no doubt in my mind that the KEY to success is living below your means early in your adult life - Delay gratification for a few years to accumulate the investment dollars and let those dollars start working for you EARLY - a client of mine (and Biggerpockets member - although I am not going to call him out here) is the perfect example - He is buying houses at a pretty rapid pace now and makes a pile of money - In fact, he is only a couple of years away (at 29) from quitting the day job to spend the majority of his remaining time on earth hiking and traveling- How did he do it?

The deal will also need to cover DSCR (if it doesn't, try getting the Seller to carry the 2nd where interest accumulates with no payments due until a balloon payment date in the future; be careful, know you have an exit when it balloons).My interpretation is that @Eric Schleif is looking at this from the perspective of a CRE lender whose job it is to obtain the very best financing package for his clients.