Quote from @Carlos Ptriawan: Considering the current circumstances, what is stopping me if I create brokerage that is offering buyer agent only with flat fee of 5k-10k ?

It’s surprising that fake reviews are allowed to remain unchecked on this platform.Question, If this post was a mistake, why is it left up to create confusion for potential investors?

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.

Ensure compliance with 45-day identification and 180-day closing rules.This post does not create a CPA-Client relationship.

I plan to continue to purchase buy & hold properties but would like to invest in multifamily properties to create cash flow.

Realistically speaking, except in very rare cases, I think it’s all about pictures pictures picturesMost people aren’t gonna have success  starting their own booking website or running targeted ads or creating some amazing Instagram account.

In suburban Chicago, historical significance or celebrity ties might create a niche appeal, but they won’t necessarily drive up the home’s market value in the same way as location, condition, and local comps.For a short-term rental, though, it could be a great marketing angle—especially if the person is well-known and has a strong local connection.

I don't love this question....it creates procrastination with new investors.

Real feedback of struggles or topics people want to dive in further helps us create the content that truly inspires and educates our community.Mine is definitely finding the right deal that fits my buy box lately.