The gaming liqure liscnes are $1,000,000 alone.

If you want a lender for a property on the island, they must have an established bricks and motor bank on the island.

Hi everyone,As a newbie in the world of Real Estate Investing (REI), I'm eager to establish a strong foundation for managing my finances.To streamline this process and stay organized, I'm seeking recommendations for user-friendly online bookkeeping tools specifically designed for REI.

I can't tell you how many times when people would contact my agents fresh out of guru school.. and talk a BIG game  we are going to buy 20 30 properties we are building a team blah blah blah.. when in fact most of them borrowed the money for the course and are now trying to do business with smoke and mirrors.. real investors that have money if you lay this out the right way will probably go for it.. and SELLERS I can see that for sure.. but then again in the retail resi space so many people just are clueless and or really have very little liquidity that even sending you 1000 bucks up front could be a risk and stretch for them..

Is this possible even without already having an established business? 

We are in it for the long game, so we felt it was right for us. 

If you are a solid investor focused agent, I’d be game to discuss

I have established a group of professionals that are a phone call away when I need service.

A lot more trust is built in person vice someone behind the screen, and real estate investing is often a relationship and trust game.

You're being a bit short sighted in a long-term game. $200/month net cash flow today is an 8% CoC return in the scenario you described.