And it's an asset that will grow with you for the rest of your life.

Many note funds take on debt from larger lenders or lines of credit against their assets.

Blackstone’s non-traded REIT now owns about half of all the real estate within that sector, according to NAREIT.Setting a priceRAD sets its share price by tallying its net asset value — the total appraised value of its real estate and other assets, minus any money it owes or other liabilities — and dividing that figure by the number of shares it has outstanding, according to the circular.The last time it publicly broke down its share-price calculation was on Sept. 30, when the stock was selling at $18.52: a net asset value of $27.3 million divided by 1.47 million shares.RAD’s properties are appraised, in part, based on the income they generate as rentals, according to the circular.But some of the rents in the document’s inventory of RAD’s holdings appear to be overstated, in light of the buildings’ conditions, as characterized by L&I.

Of 10% management 10% reserves. not understanding asset class's. so when you get into a CD class your serves need to be doubled or tripled.. 

When you need the money, sell assets, transfer funds back into checking account 2 days later. 

Now taht real estate has gone back to the good ole days of not being an appreciation machine and a good investor needs sound fundamentals in managing and overseeing the properties - now you are given the wave of "creative finance" which comes off as its easy to get a home but it will be interesting to see how these people are fairing in a few years of mismanagement of these assets. 

And you’re absolutely right: underwriting isn’t just numbers on a spreadsheet; it’s understanding the moving parts of an asset, the market, and how to navigate uncertainty.

This is what I love about this asset class.

@Ryan Daniel  I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection in relation to real estate investments.

Keep working, saving money, and buy the best asset that your budget allows.