When I say it's next to impossible to "cash flow positively" in Brooklyn I mean with a 20% down payment which is the most common down payment and therefore the benchmark for all property analysis for mere mortals (in my eyes at least).

For Bob this is bordering on a religious conviction that cap rates should be used only in the way he deems appropriate and us lessor mortals have no right to even spell the words on the forum.

For mere mortals, time in the market wins out consistently.

You, of course, don't know this because you are a unicorn and simply jump in and handle it.But for us mere mortals, or simply for those who chose to concentrate on another side of their business VS doing maintenance and turns even if they have the skill, no need to shame them (me included).  

The insurance company is not keeping the cash value, the cash value will make up the first $500,000 of the death benefit and the "mortality costs" pay for the other $500,000. 

Watch the video if you do not want to read:⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀Hello my little mortals, I am Jerryll, for those that do not know me.

You and I personally might not have to worry about this thing, but the mortality rate, untreated, for folks over 80 or 90 years old, is like 1 in 3 or 1 in 2, somewhere in that range, depending on the source. 

PM,,, Commerical leasing and selling of commercial buildings ( hardest to crack BIGGEST MONEY THOUGH)  Build a huge team of agents for resi sales.Then you have what I think many hone in on   on BP and that is trying to flip houses or wholesale or value add.. this is another avenue and like all things Real Estate the mortality rate of those getting into the business is VERY VERY high..

Paid marketing (DMM PPC Facebook ads etx. etc. ) is for mortals.I graduated to Immortal.We immortals do not spend money for leads.. that's so human.No no my silly mortal.

Occasionally it’s for tax planning, but mostly it’s because they lived their lives underinsured and they either have a business endeavor that requires it or they’re coming to terms with mortality and haven’t saved enough.