Let's think about what fox news would gain from telling people Mexico is dangerous?

Other options could look like a property closer to you or in an area you are more familiar with, could be turnkey options with an established company, could be partnering with someone to gain some experience. 

Plenty of resources here to get familiar with to gain insight on your REI journey. 

If you're getting a lot of traction with prospective but qualified tenants that would like to view the unit - let them know the time that the leasing/showing agent will be there so they can view the interior.If they're going to lease the property for you - one to half a months rent is fair compensation.

On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?

We did live in the house for 2 of the last 5 years, so we wouldn't have to pay capital gains tax.

How much gain are we taking about?

@Mindy RosscupThe knowledge you gain by studying and taking the test to become a RE agent.

It mitigates the risk because you can go slow, you are living in the property, and you get the tailwind of 2+ years of market appreciation while waiting to sell tax free on the gains.

I’m fascinated by the potential of real estate as a way to build wealth and gain practical skills, but I’m just starting out and looking for guidance.If you’re experienced in the field, I’d love any advice you’re willing to share about getting started, especially if you’ve found success as a beginner.