We have a savings account where we split up into different buckets (from our w2 and passive income) and one bucket is for real estate and when we have enough to acquire another asset we will consider it.I am not a fan of borrowing 100% of the transaction costs including closing costs as it will be extremely difficult to make money many times on those types of deals.

It's an extremely clear lease clause, tenant gets discount based on painting of rooms landlord chooses.

In our trade, I would not expect any owner or GC to get this correct since our industry is extremely specialized.

He gives realistic no fluff advice for those starting out and of course that's a huge part of BP audience not the guru's or the guys at are at the top already or say they are.. but real advice on how to work in a local market and do the things it takes to get there and how long it generally will take a person if they are dedicated extremely focused on the goal as Steve and his family were. 

Over the last (3) years I have seen some extreme cases of expedited equity where an investor buys an older home or "Ugly Inventory" and then bats clean up on the ARV in 12 months.To give you an example I helped an investor refinance her home in 2023 pull cash out to buy a $65K home all cash.

If that's not the monthly income, you are arriving at your cap rate by using incorrect expense ratios/expense figures and/or the property benefits from an extremely favorable tax abatement which skews the operating costs.

Due to the extreme volatility of crypto and potentially high transaction costs, you need to be careful with harvesting crypto losses.Pick tax-efficient investments.

The current owners have extremely low occupancy and are open to selling.

It’s a sales pitch for you to invest with them at extremely lucrative rates for them.

Overall, the setup and funding process was extremely straight-forward and the customer service was great.