I referenced it here as my inspirational view of "oh, so that's how savvy investors can make it" - though I'm not expecting this kind of return out of the gate, and I apologize if I mislead.Credit for the below example goes to Brian Murray's book (I pulled this example from the online version available as a sample on Amazon since I only have the audio book):Bank Financing: $750K @ 5%Seller Financing: $150K @ 5%Cash: $100KTotal: $1MGross Revenue: $200K/yearExpenses: $100K/yearNOI: $100K/yearDebt Service: $63K/year$37K/$100K = 37% Cash-on-Cash-Return with a 2.7 year payback period.Principal paydown first 5 years = ~$103K or $20K/yearRevised NOI = $37K + $20K or a 57% annual return.Doing the math, at 5 years, the value creation is $9.54 for each $1 invested.

After the Great Depression we made changes like the Securities & Exchange Act of 1934 & the creation of the FDIC.  

Work your tail off save as much as possible and use it to start the wealth creation machine.

I see a lot more headwinds (Chinese economy, oil prices in oil states, credit market turmoil) than tailwinds (household creation/job growth, consumer spending).  

Uniform Commercial Code (UCC)—Article 9 Division 9 (entitled “Secured Transactions, Sale of Accounts, Contract Rights and Chattel Paper”) of the Uniform Commercial Code (UCC) contains the unified and comprehensive scheme for regulation and control of the sale, creation and priority of all liens and security interests in personal property.

. $3,600, Insurance $5,301, Lawncare $1,200 = $21,400.81Net Operating Income = $17,479.19I borrow all the money at a rate of 7% (additional 3% added to purchase price to account for closing, and entity creation and register)Total Purchase Price = $154,500Cap Rate - 11.31%Debt Service for FIRST year only:Principal Payments: $3,675.48 Interest Payments:$10,698.56Total Debt Service:$14,374.04Cash Flows Before Taxes: $3,105.15To me, Cash Flows and Principal Reduction are my two biggest goals.

When I was going to school they never taught us money management or wealth building in fact a lot of schools don't which sucks because that is why most are bred in the low to middle class because the lack of education on money management and wealth creation so we learn from what was taught from our blood which was taught by their blood it's a vicious cycle(of course my parents tried to teach me money management but being young and stupid I always spent it wish I had learned from them early on)

You can literally reap the rewards of real estate investing by building a generational cycle of wealth creation that will live on long after you exit stage left.Holding property as a long term rental also offers tremendous tax benefits to you through depreciation – an ingenious tax code creation of Congress that allows you to take a depreciation tax credit while the actual value goes up – while deferring capital gains taxes until you sell.

Hi Dustin,A broker/agent has to define what kind of business that they want and what they do not want.If a broker/agent does not target the business that they want then they will not attract those types of investors.If all the broker/agent can find is investors that want to shotgun offers all over creation for months on end for when one house closes to make 1,500 then they need to learn new skills to make themselves valuable.

However, with the creation of Opportunity Funds under the Opportunity Zone program, the 1031 Exchange is being given a well-deserved run for its money.