Hi Lynda,  My name is Jarret, and I’m a local real estate investor based in Chicago.

Even if the “guru is financially successful, there’s a good chance his success is based on selling mentorship’s rather than investing profitably.  

I do both an email and a phone call I usually email first and do a phone call to ask if they have a phone number.Thank you for the advice, I understand the lack of creating equity but I feel like all I'm doing is the same as any other buisness which is getting a product, repurposing it for a consumer, and selling said product/service.

Is it better to diversify your portfolio in one geography, tenant base, style of property (SFH, Multifamily, Apartment).

A potential challenge with a HELOCs is they are based on the current appraised value of your home, not the improved value, so you would need to make sure you have enough accessible equity.

Both approaches can work—you just have to decide what feels right based on your timeline and goals.Good luck with the closing, and feel free to reach out if you are ever looking in Indiana! 

I’m a new investor based in Kingston, NY, with a focus on the Hudson Valley and Catskills regions.

I’m based in Houston, TX, but I know how critical it is to find someone on the ground who’s a true investor ally, not just another agent.

I’m a full-time sales professional at a global GSI, so I’m seeking relatively efficient strategies.Has anyone successfully used cash-out refinances, 1031 exchanges, or other equity-based approaches to boost income?

Based on this strategy, it would only take about 2.5 years to pay off the $160K.