When you say 40% annualized is that per year or over the entire life cycle.  

There are lies everywhere in life, even some right on this forum!

It’s more about the fun scenarios and balancing the landlord life without too much stress (unlike the real world).

I am a life-long resident of the St.

Thank you @Dave Foster I look forward to my new venture and investing in real estate hoping to achieve financial freedom and enjoy my life with my kids and my beautiful wife that has a terrible debilitating autoimmune disease.

There's always someone getting older, or something going on in their life, and wants to sell out.

So most agents are only putting about half of that $12k in their pocket, and out of that $6k they have to cover all of their operating expenses: licensing fees, MLS/ Realtor Association fees, continuing education classes to stay compliant with licensing requirements, monthly "desk" fees/ technology fees to their brokerage, health insurance for themselves and their family, errors and omissions insurance (required), marketing, car, car insurance, gas, clothes, computer/ software, cell phone, closing gifts, signs, photography, staging if they offer that, etc.

I am a mother of 2 and trying to get into this to save up college funds for them when they grow up so that they too can chase their dreams in life.

Here is another post on this subject from BP:Learn to Live Life on Your Terms through Real Estate Investing on BiggerPocketsPlease note I have not taken this course or have info on it, just posting what I found on a quick search of this site.

We are you guys able to quit your 9-5 life?