A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.

If they are professional, they can explain this quickly and easily.

This is a quick calculation that we can do to see how much house you can purchase at 100% financing if desired.

If you found a safe way to do lease options in Texas I’m all ears.

.• Key Piece of Advice: One thing I wish I’d known sooner is that networking here is about cultivating long-term relationships rather than just quick wins.

Build a solid foundation before taking a step up - each and every step of the way.There’s a way to scale recklessly and there is a way to scale safely.When OPM is involved safe is way better than reckless.Despite a life long career in RE, I scaled as followsBought a few duplexes for my own accountBought a fourplex for my own accountBought 12 units as a JV with some friendsSyndicated 43 unitsSyndicated 30 unitsBought another 12 units as a JVSyndicated 281 unitsThis was over a 3 or 4 year period.and so forth - now I am GP in close to 1000 units with $125M AUM.Even with all that, my sweet spot is 30 to 50 unit properties - they work best for my partners and I and more importantly our investors. 

On more than one occasion I’ve talked with a person or two that was offering real estate coaching and I found out very quickly that either it was not what they were advertising or they was not far enough along to be coaching anyone except maybe a complete newbie or maybe it wasn’t the strategy for me.Anyway, that’s my ramble for this morning.

Not sure if it's because you started with my name but this response makes me feel more safe to share more details.Its an interesting multifamily that was repositioned to be rented out by bedroom with the majority of the rents being paid by nonprofits. 

As there is a general flight to affordability, the new developments don't fill as quickly, and rely on concessions and/or lower asking rents to fill up.  

There are a lot of things that will affect the profit on each deal.HOW QUICKLY CAN I MAKE MONEY WHOLESALING?