Plus I bet the contract calls for mandatory mediation.. if the parties cant agree..

i am totally impressed with the way 'guru' out there trying to influence people promising there's a gold cave somewhere from 'infinite banking' to 'my own the greatest system ever' :-) I bet they save their money in the crypto token as well.

:Initial investment:€3,000.00 – Rental contract, First, Last, Security Deposit€3,056.68 – Furnishings/Consumables€1,308.03 – Taxes/LegalTOTAL – €7364.71 Average Monthly Gross: TOTAL – €1820.33Average Monthly Operating Expenses:€127.25 – Utilities€191.10 – Taxes, Maintenance, CapEx€289.15 – Management€1000.00 – Rent (*See Master Lease Strategy) TOTAL - €1,607.50Average Monthly Cash Flow - €212.83Est. months to break-even - 35 monthsObviously, there are a lot more details (challenges, wins, etc.) to this story.

To me, if you aren't at least maintaining 0 cash flow, you're betting too much on appreciation to the investment work. 

You don’t win by moving your king around recklessly.

Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.

Sure, I'd love to win the Mega Millions and have millions of resources to make certain decisions, but the reality is I want peace- in knowing obligations aren't something to worry about. 

I'm 25k out of pocket for permits and clearing.I bet the pre-permitted 10 contiguous lots on the river would appraise for at least 150k.Am i being overly optimistic?

You are betting too much on the refinance portion if you try to BRRRR with hard money.

And Chula Vista or Escondido are great areas for first-timers who want to stay near SD but reduce entry costs.Network at local meetups like “Beers and Deals” - The connections you’ll make there can open up off-market opportunities.Where did you end up starting starting - SD, or did you end up in nearby markets to get your first win?