Estimates and projections are great, but experience gives you the real numbers!

To thrive in real estate investing, you must maintain a firm grip on your finances.

It's exciting to see your focus on building a real estate portfolio for financial freedom!

After you interview them?

I a analyzing a cash deal for $420 that I will leverage after purchase leaving me with approximately $200k in cash plus the $100k in equity.

@Scott LorenceThe advantages to renting to college students are that they generally leave after a few years so you can do repairs or updates, you can raise rents on a regular schedule, they will pay a premium to be near campus, and if you get engineering students they tend to fix the small stuff on their own.

Concerned, I asked my real estate agent if I should push for a price reduction.

.- Sold it for $915K after 5.5 years (received $442K at the closing)- Did 1031 exchange and bought 8 SFH in NE & AL worth of 1.6M (brings $4k/months income now) What made you interested in investing in this type of deal?

@Nida KazmiI don't know anything about these companiesBut you won't "cashflow day 1" Maybe on paper - but not in the real worldSet expectations accordingly

Quote from @Chris Seveney: Quote from @Robert Adams: As we move into February, the Las Vegas real estate market is showing positive signs of recovery after the holidays and the conclusion of the presidential election cycle.