I was most inspired when he was talking about creative financing.

It's best not to get creative unless there is a need to. :)

Hi, I suppose folks here dont cross me off as crazy. ( I think am tyring to be creative).

I've had tenants who left and I didn't even know house was empty.On the rehab side - I like rehabbing only because it lets me get creative, I can do amazing kitchens, I get to use my staging chops and buy new furniture.

As I see it, there are lots of creative ways around this, ie; the IRA buys but doesn't yet have the money.

Real estate wins hands down, at least for creative active investors.

I would guess you would be slightly low at a $1000/yr, especially when you need to flip the house between tenants or preparing for sale as you'll probably need to replace carpets/flooring, paint, etc. among other things.

Sorry Mike but RE isn't rosy, its reality and playing with fire if one isn't prepared for the possible fall out.

In fact, I've done a lot of research on HAR as we prepare to buy our own.

Meaning they're not counting things like tax preparation, court filings, vacancy, insurance ect., and some of the smaller items they're handling themselves so they're just charging material not time.