Hi all,I've been an investor in the stock market for a while now but am getting into real estate investing and looking to partner with other investors in multi-family rentals.

Pete   vs   dead ol' Tampa. 

I've contributed 1,500 gallons from a much smaller about, just need both realtors to contribute 2600 gallons of fuel from their 36,400 gallons stock pile of fuel to get the ship to port!

Regardless of where you get your spreadsheet, it's critical to understand the underlying equations and assumptions because some properties behave outside the norm and have attributes that will make the assumptions irrelevant at best and dead wrong at worst. 

So carefully weigh the benefits of this 3rd property vs your 401k benefits which might include employee match, stock market returns vs your historical real estate return.Make sure you really know your numbers.

I was dead set on finding a MFH for my next investment, but in my market, the rents don't support the prices.

Which is why you should invest in a tertiary market with lower acquisition costs or in the stock market.

hi takeshia from " elvis country"....lol. wholesaling is a good part of the flipping houses and RE world. however, each state has its laws regarding wholesaling. i would tend to believe a real estate attorney from the area on his or her opinion. i wouldn't say something is illegal if you can get a license to do it, its just illegal to not have the license. then we get into the gray area of exactly what wholesaling is. if you find a seller, and put them in touch with a buyer for their house, you are acting as an agent. without a license, that is illegal. but, if you find a seller, YOU get the house under contract to buy, and put in the contract your right to reassign the contract, that is wholesaling and might NOT be illegal. in that case, you are not acting as an agent because you are not bringing two parties together. you are actually contracting to buy an item, but then exercising your right to sell that contract which does have monetary value. just like a corporation creates a stock certificate and sells it on the stock market, it is just a piece of paper with monetary value that you are selling. please check with at least one other real estate lawyer and explain the process completely. show them how you would not be acting as an agent between buyer and seller but as an actual purchaser looking to sell the asset you have created. that may make the difference. 

Just look at FB stock prices...

to use a poor analogy imagine if i owned Apple stock and the market was either going down or sideways.