So that's why Year 0 is NEGATIVE $1k.Next, you kept the money in the Savings Account for each of 10 years except for the last year.That's why Year 1 to 9 is ZERO... because nothing came in and out of your pockets.BUT, in year 10, you closed your Savings Account and put your money Back into your Pockets, which is why it's a POSITIVE $2,594.When you then do your IRR, the answer becomes 10% EXACTLY as the Savings Account with a fixed Interest at 10% per year!

However, that is around 4.5% up from just last month.

Last I heard (I'm from Cbus)--it's still planned for the New Albany International Business Park.https://siliconheartland.newalbanyohio.org/#:~:text=On%20January%2021%2C%202022%2C%20Intel,of%2Dthe%2Dart%20factories.

Unfortunately in the last freeze in KC I had a property where some pipes burst.

Prices & rates have gone up so much in the last 3-5 years, that these won't cashflow ANYWHERE!

For example, I often see Buyers purchase property thinking there is a $1,000 deposit but then the tenant claims it was $2,000 because they paid the last month's rent.

With that, we became the American Association of Private Lenders—and we began spreading the word.Finally, Some DefinitionsUnderpinning the concept of minimizing the use of “hard money” in our industry is a recurring theme of standardization—that the root of the issue is too many interpretations of what the same terms mean.We offer up the following definitions for discussion, debate, fine-tuning, and eventual consensus [last updated 5/9/2022]:Private lender: Any non-depository individual or entity that primarily originates business-purpose loans secured by hard assets, generally real estate.Hard money lender: A subset of private lender where creditworthiness is determined solely by the securing real estate collateral.Correspondent lender: A subset of private lender where the closed loan is sold to investors.Portfolio lender: A subset of private lender where the closed loan remains in the lender’s portfolio.Fund manager: A subset of private lender where, depending on the fund structure, the deployed capital is sourced by offering exempted securities to accredited and occasionally non-accredited private investors.Private investor: An individual or entity that seeks a return by deploying capital through a private lender or fund; the investor may or may not be named on the loan’s promissory note.Private money broker: Any individual or entity that acts as an intermediary between a borrower and a private lender without directly originating the loan.

Unfortunately the great rates felt like they would last forever and the inventory was about a third of what we currently have.

I just finished up my first fix & flip and sold it last year.

I'm interested in connecting with someone who has done a subject-to deal in South East Idaho in the last couple years.I'm under contract to buy a house where the sellers were pretty "motivated" to sell.