Quote from @Melanie Baldridge: Why I like investing in real estate more than 401(k)s.Both offer tax deferrals, but here's the difference:If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.With real estate gains, you're paying capital gains tax (which is typically lower).Plus, RE investors get:1.

Let's say 20%...now let's do the math:You offer $320k, 20% down is $64k so you finance $256,000 @ let's say 6%....you neglected to mention where this property is(!) 

If you can show that the numbers work, you can get 100% of the purchase and rehab covered.The key is finding lenders who work with new investors.2.Partnering with Experienced Investors– If you don’t have capital, you can offer your time, effort, and hustle in exchange for a piece of the deal.

Many firms will offer bookkeeping, but they outsource overseas and mark up the price.

It’s all about finding that balance between offering a great space and keeping things safe. 

Building a NetworkNew agents struggle to build a network that can provide them with leads and support.Solution: Attend networking events, join professional organizations, and offer value to others.

I find properties on the mls and send them to the agent with the offer price.

Quote from @Ben Fernandez: Make the offer that suits your assessments.

I'm planning to put in my first offer on my first rental on a SFH in Kansas City in the next day or two.$140k offer8% interest rate20% down8% management fee5% vacancy5% maintenance 5% cap exI haven't gotten insurance costs yet but it's been suggested that I plan for $2k per year. 

I believe this is why policy-makers on both sides of the political aisle are starting to see the promise that renewables offer over traditional forms of energy, which are becoming increasingly expensive for the government to continue propping up and bailing out.