I figured at the very least it would be a great opportunity to network with veterans in the parking industry, find a few jobs to pass to my Sailors, and I might even get a lead on a deal. 

This is a common question among real estate owners.Let's dive in:The reality is that wealthy families often pass on real estate assets from generation to generation.For example, if one generation has an RE entrepreneur who amasses $50 million worth of real estate, that portfolio can generate enough cash flow to support multiple future generations comfortably when passed on.So, what happens if that initial investor built their empire by rapidly depreciating assets and using 1031 exchanges to lower the basis and defer taxes along the way?

It’s also key to ask about commission splits and what resources they provide, like marketing or lead generation.

A CRM helps automate communication, track leads, and measure sales performance.

I rent the second floor for 2100 which leaves me with the remainder payment of 1132.Am I generating cash flow since I have approximately 65% of my mortgage covered by the tenants?

Hey Dhwani, the link does not lead to a property.

It's important to ensure that you can cover the HELOC payments from the income generated by the new property.

Given your age and the time you have, building a stable cash flow can lead to significant wealth over time.Understanding Local Dynamics: You're spot on about the unique dynamics in Japanese real estate, especially with the aging population.

Are you already closing deals using the same lead source and tools?

If you stop chasing leads and start earning business by showing your value versus the rest of the scabs in our industry, you will be able to call your shot on your commission.I sign all of my buyer agency agreements now at 3%, but with the proviso that if the seller is offering 2% or more, I will go down to that amount.