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.

Quote from @Danny Gonzalez: @Paul CijunelisSo I’m not in the IL market, but I’ve owned a PM company for 5+ years, and here are some lessons I wish I’d known when starting out:1.Hire a VA Early: If you haven’t already, bringing on a Virtual Assistant is a game changer.

Most seller finance notes have interest rates in the 9-10%+ range.Also, 5% down is very little skin in the game for the borrower.

I am new to the real estate game.

We are late in the game but hopefully we can catch-up leveraging the plethora of knowledge that exists on this platform. 

Congrats on getting in the game.

I didn't, and the people at Eagle Rock, who approved permits and necessary utility connections, were not very cooperative, which made the process more stressful than it had to be.I've seen lots listed on Zillow and the Aggressive Real Estate web site. 

If we buy this loan, we need to have a thorough game plan on how we are going to be resolving this and understanding these dynamics is key to managing expectations and protecting investments.Sounds like a deal more for someone that buys partial inheritance estates and spends years piecing it together than a note investor.