@Mantana ThompkinsWelcome to the vibrant BP community, where you will find like minded individuals committed to REI and also helping others succeed.You mentioned an interest in wholesaling and as such I added a guide and a podcast from which you will absorb a lot about this niche.https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)https://www.biggerpockets.com/renewsblog/2013/10/31/wholesaling-podcast-mike-nelson/ (BP Podcast 042 - wholesaling)Your time on this social media site will be well spent.You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.Whether you pursue, wholesale, rehab & fIip or buy and hold it's up to you to decide.The bottom line is that you must take action to start.

@Harvey WashingtonWelcome aboard the vibrant BP community.

His global history in construction, business development and communications, makes him a highly sought-after representative for sellers, buyers and investors alike.

My rationale for 3x cash flow or global debt coverage ratio as we like to call it in the banking world is based on not only paying for living expenses but within that 3 times expense model I've also considered the min amount of funds I'll need to have to feel comfortable funding my reserves, cap ex, fund my other ventures, and a cushion as well in order to keep growing a self sustaining machine that can scale purely off the "passive," cashflow in and of itself.So for those who need just 1x or till passive equals 9-5 that might work if you live below your means with your 9-5 but if not you may find yourself overwhelmed when the units need an over haul.

However, the fact that you (are implying) have additional supporting W2 income - likely from your day job - would be a supporting factor in from a global lending perspective.Good question.

Austin isn't immune to national and global economic forces, but it also is a massive generator of good jobs and those seem likely to continue for decades to come.

This means every large university will be welcoming thousands of people from regions that have some of the greatest infection rates globally."

Then you get to keep more of your money.Another option I have invested in recently is a Vanguard Global ETF  the expense ratio is .08% with an average annual return since inception of almost 8%.Please read a bunch of books about the greats including Warren Buffett, Peter Lynch, Joel Greenblatt, Jack Bogle, Bruce Greenwald.

Then global investors bought in.Dec. 16, 2021 at 10:00 am Updated Dec. 16, 2021 at 5:44 pmOver the past six years, 19 of the 32 homes on Tammy Sue Lane have been purchased by a billion-dollar investment venture, part of an unprecedented flow of global finance into the American suburbs.

These past few months the current global economy definitely affected S.Korea and there has been absolutely no transaction in the area and demand is very low(ARM is the most common there!).