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Very large out-of-pocket medical expenses are also part of this game.Balance gains and losses on your investments.

Little did I know I was going to stumble across some books mentioning bigger pockets, start listening to their podcast, and make a post saying this house is now going to be a fix and flip!

@Richard FerraroNo need to pay buyers broker in CA, AB2992 allows the buyer to walk away from the buyer-broker agreement "if the out-of-pocket costs to pay their agent remain to great ..."

The bill was pocket veto-ed last month by the Senate President as its sponsors retracted due to its scope (Hudson County) having gone beyond the sponsors' original intent (seemingly Union City only).

Here's one from Bigger Pockets publishing https://www.amazon.com/Real-Estate-Note-Investing-Passively/...

I’ve bought 14 houses with no out of pocket $ from built up equity.

These days I rarely get all the capital back so I have to come out of pocket a little, but I’m still much better off than just putting 20-25% down on a property.

Yes you will need to make sure you have the cash to take care of any repairs that are needed out of pocket.

you're "out of pocket" those costs, plus maybe a month of vacancy.my point - you're basically always out of pocket on a rental. sometimes the rent more than covers everything, other times it doesn't.