It's how I maintain a strenuous day job in commercial construction mgt, my real estate side hustle, a long distance girlfriend, a busy travel schedule, and still get a good night of rest.Here's an outline of my principles/toolsInfluences: Getting Things Done by David AllenProcrastinate on Purpose by Rory VadenDeep Work by Calvin Newport (probably one of the best books I've ever read)Energy Management before Time Management (nutrition, rest, movement)Tools: Bullet Journal (this is new to my system & I love it- I'm a pen & paper kind of guy)Google Reminders (whenever one of my trusted systems aren't present)Google Inbox (vs.

That's whatever rate of return you could comfortably get if you invested your down payment in something else (stocks, bonds, a business, a private loan, etc).Vacancy?  

The biggest problem with most people's plans is they move too quickly, are too eager, do not have enough money, do not do intensive enough research, do not have enough understanding, and place too much stock in gurus (such as out of state mentors).Your construction background can be a big help.

I know many folks who have free and clear autos, stocks, retirement funds etc that in many cases offsets the negative equity in their underwater house.

The idea of Placemaking might be new or foreign to real estate investors but it's an old and obvious one to urban planners, law enforcement, and those interested in neighborhood restoration as an investment strategy.I think multifamily landlords that understood the concepts behind Placemaking could use the principles to make their common areas more benefitial/nicer.

This 50% would include EVERYTHING that I would pay but NOT vacancy factor or principle and interest, so my carrying cost, at least on paper would be:gross rent x 50% plus PI plus 8% vacancy. 2.

Jon,You we are on the same page here.I was researching the history of the stock market & at any other time in history these institutions would have been ousted.So many other institutions throughout history that seemed to be permanent and there failing incomprehensible no longer even exist.

Now granted this was a commercial closing, but I know the same principle still works for residential cash or hard money deals.

I find it ironic that people who consider themselves to be capitalists that subscribe to the Austrian school of economics view this landlord's actions as justified.The Austrian principles state very clearly that robbery doesn't equal murder.

I only took out the principle that I put into our Roth’s over the years so I paid no taxes.