I am a high-wealth earner with years of employment ahead for me, so I will not feel the weight of this loss other than shame on me for not appreciating this risk better before committing.

If you employ the BRR"R"RR strategy now, you’ll be in a strong position to capitalize on discounted properties and refinancing opportunities when the market conditions align.In short, while the BRRRR method we once knew has become harder to execute, adapting it to BRR"R"RR makes it a viable and profitable strategy in today’s market.

However, this approach might add complexity, such as additional tax filings, self-employment taxes, and administrative costs.

Stay aware of the flashy promises and alluring success stories of personal coaching on wholesaling or real estate investing.

That can be getting or job or being self employed/owning a business.

This question has come up a few times with prospective clients recently, so I thought I'd shed some light on it.Generally, being an employee in a real estate business does not automatically qualify you for REPS unless you own at least 5% of the employer.

I retired from federal employment and never looked back. 

In general, make sure you ALWAYS verify stable employment AND income.

Build self-employment by leveraging real estate activities, staying financially prepared, and transitioning to business after generating cash flow.Good luck!

The trouble I keep finding with this is that I am self employed now, they probably will ask for 2 years of proof of income as a self/business owner, right?