It's clear that you skimmed through it and responded without even thoroughly grasping my point.

Can someone assist me in understanding this, as I know it’s crucial as a new investor to have a grasp on the numbers?

That part is fairly regularly written about, so I think that is correct.But what I can't seem to grasp is why I would tie up funds in a Solo 401(k) after age 59 1/2 since it is all going to be taxed eventually anyway.

Many dnt fully grasp things.

I'm not at all familiar with the Las Vegas market, but I'm just trying to get a grasp of where your income/expenses are coming from.I get that at least according to your numbers, it appears you will be making a killing in COC return.

Make sure you have a firm grasp on house/rent prices in the area you want to invest and know how to run the numbers.

Between my experience remodeling and building houses and what I’ve learned about flipping houses, I feel like I have a grasp on the basic concepts.

Not just the purchase price, but a solid ARV, a solid rahab price, a solid grasp of your lending costs, your holding costs and your buying and selling costs.

Decide what route you want to take (e.g. flip vs rental). i think rentals are easier to grasp at first.

He actually was quite knowledgeable and seem to have a good grasp of the different tax laws related to real estate were.