This will tell you how much you can borrow/spend on a property.Do you have renovation skills or will you hire it out?

A 30 or 40-year time horizon for securities is still a pretty safe bet.For those that are skilled in investing in real estate I see no tangible benefit to a whole life policy.

Now if this were a case of not getting rent on time it could be, and has been a case of the Owner really kind of keeping my feet to the fire, and who knows I could lose my job(violin playing softly in the background).

The market is very soft and is largely held up by government intervention and hedge fund black boxes.

It requires knowledge, skill and training to produce just like any other product.

Hi Taylor - Using the 70% formula would typically cover 20% for profit and 10% for soft costs including the 5% commission.

I think there is a strong need for your skill set and goals in this industry.

I quickly realized it's a learned skill and I suck at it.

Maybe a skill in fixing something.

This is a tough skill and you need a lot of data that's not easily accessible to do it well.Then you need to be able to accurately estimate the repair cost.