Something fun to consider, if any of your friends would be interested start a ‘Young Entrepreneurs Group’ one night a week - get together and listen to podcasts, get mentorship together, play monopoly with an adult who can give real world examples while using monopoly’s game.

This new home has a play set with a slide.

Hi Everyone, so I purchased my first Multi-Family 20 Unit Apartment complex a little over a year ago as a reposition play on management.

The access to the car wash, what type model it is, the traffic counts, how many other car washes in the area, sightlines to the property ( on a hill,down in a hole,level), any cross anchor larger feeder traffic to site, parcel size layout and shape, etc. all play a vital role in the long time success of the dirt value along with other demographic metrics of course.There are not newly minted national credit leases at 9 caps with retail.

Most new investors want to be conservative on their first investment property, preferring to play it safe with a property that is in an area that is selling well.

Most new investors want to be conservative on their first investment property, preferring to play it safe with a property that is in an area that is selling well.

Brand new 4 BR / 2.5 Bath

Brand new 4 BR / 2.5 Bath Investment Rental

It can be difficult to switch gears sometimes, & be “unproductive” playing with the kids....I try to keep in mind the quote (which I’m paraphrasing) “don’t be so busy making a living that you forget to make a life”.

Even with the negative cash flow, if they are sold at year 5 (assuming minimal CapEx on a new construction property), I could still profit 40-50k.Are you defining this as a 'equity' play?