Quote from @Patricia Andriolo-Bull: Quote from @Andrew Steffens: Quote from @Patricia Andriolo-Bull: Love the points game.

I have over 18+ years in the REI game and the financing side is my expertise.  

As you have mentioned in the past, you should not put more than 10-15% of your money in one investment - so if you have $500k and want to throw $50k ok - but it still hurts. if its your first and only 50k, there are plenty of other opportunities out there to get in the game for lessFor many - Goes back to greed and FOMO as well, last few years everyone and their brother wanted to jump in on the STR and MF space because of these great returns - no different than NFT's and bitcoin before that, but when something moves up quickly, it typically drops pretty quickly as well.

The best way I have found to learn is to be in the game. 

Quote from @Logan Williams: As a former student at the U of A, big rival games, homecoming, and greek life family weekends are a huge influx of people looking for lodging, with only a few hotels in close proximity to the University, STR's that are attractive can be few and far between.

How do you balance the wants vs. needs game while still enjoying life today?

Think of it as free vs pay to play video games.

I would venture to guess that Kiyosaki has made much more money from books, board games, and licensing his "Rich Dad" brand than he ever did in real estate.

While the rates can be a bit higher, the ability to work with a lender who understands your specific needs and timelines can make all the difference.For larger projects, private lending can be a game-changer.

Quote from @Luke Machen: Hey all - I'm new to the RE investing game and have some (probably dumb) questions regarding cash on cash returns.