Chapter 11, "Hone Your Skills" section has this practice question: "What is the IRR of an investment that costs $75,000 up front, earns you $22,000 per year for four years, and then generates $115,000 at sale?"

Very new to real estate investing.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

My name is Jackson, I am an Investment Mortgage Consultant.

And without a solid budget, you are even less likely to get a lender to sign off on the deal.The best way for many to get started is to find a friend or family member that has money and can invest in the deal for the lion share of the profits.  

I'm trying to learn as much as possible to gain the confidence needed to invest in my first property.

Our total investment?

It’s my opinion that many investors have the wrong mindset when it comes to real estate investing.  

I'm a full time W2 worker opening an REI LLC and want to ensure maximizing tax benefits for investment expenses under the LLC. 

Though I don’t own property yet, I'm actively seeking my first purchase and eager to dive into real estate investment.