The rents in Los Angeles have really had a steep ascent in the last few years, and are catching up to SF and NY, therefore, our NOI has grown to a point that it is actually affordable to hire out...and probably more profitable for me to step back from DIY, and use my biz degree and experience to REFI/cash-out and grow our portfolio.For me, the magic number is a minimum 150-200 units.

Like it's this big game that we have to play to get the magical MLS info.

You'll know the difference because the speaker will want you to race to the back of the room to buy their package of magic dust that will make you an investor and if you're one of the first 10 people you'll get a special price.

Myself personally would love to invest where number seem almost magical but I have made it a priority this year to purchase a simple 2 family in my local market.

The lenders are looking at about 75% of the income and 100% of your debt when doing your DTI ratio.A lot of people get stuck at this magic number of 3 or 4 units.

Also, if someone else gets burned by a referral it magically comes back to bite you! 

What you're probably seeing is the difference between cashflow via spreadsheet magic vs. reality.

Well, at least she gets paid for this job.5. 1031 exchanges.Those magic silver bullets that eliminate concerns about capital gain taxes and even depreciation recapture!

Clean Magic Eraser.

I'd trust my cat or a magic 8-ball first.