I can see if you're BRRRR'ing 3 times a year, and maybe I'll get to that eventually, but starting out I feel stupid asking an agent to help me find properties for $10-20k, like why would they want to do that if the commission is so low?

Even if they were to achieve this goal, they get demotivated with burnout and the eventual realization they aren’t working towards their goals, but away from them.Solution: First define your life goal.

Root intrusion is rare with plastic pipe because that means a crack that's going to admit soil as well and eventually bust completely, so if you have roots in PVC you might as well plan to excavate.

I literally started my real estate idea by considering buying property in Japan, but eventually decided that the US made more sense.

To clarify, my focus isn’t on analyzing T-12s for purchasing a property but rather on developing a solid T-12 for managing my property effectively and for use when I eventually sell my investment property in the future.I want to ensure the T-12 I create is both accurate and straightforward, serving as a reliable tool for tracking performance over time and presenting the property’s financials to potential buyers down the road.If you have any advice on key elements to include or how to structure it for these purposes, I’d greatly appreciate your insights.

Less risk.Surround yourself with a good team: Get advice from others – a good real estate agent or property manager can make things way easier.Have a plan: Know why you’re doing this, whether it’s to rent out or eventually sell.Just start: You’ve got the research – now it’s time to take action.

But the length of your loan will eventually shorten if you add to it.Start a money market fund account with Schwab or Vanguard and save at 5 or 6%.

Or you could keep it as a rental and eventually refi the second property.

You limit out at 10 of those loans so you can do that every year for a while but eventually you can't any longer.

That kind of shoot-from-the-hip approach can be fun for a minute, but it usually ends up like my old buddy Rick’s first deal.. he bought a distressed fourplex in Tucson years back without a real plan, and while he eventually turned it into a solid monthly cash flow, he spent the first six months sleeping with one eye on the tenant ledger, praying the HVAC wouldn’t bail on him after a hot desert day.