Buy one on a highway in the way of growth or redevelopment and enjoy a 10 cap while waiting for a developer to take you out at a health multiple to what you paid.

I, of course, endeavor to make sure my writing is correct, but I have a large number of customers that are business owners that spend thousands of dollars a year with me and don't capitalize their own names.

Once again, welcome aboard and hope your journey is both profitable and enjoyable.

, so the brother doesn't have this money tied up too long...if you have a principal-only loan, you will have paid down the loan significantly after 10 years, and can probably re-finance the balance; you'll have a good amount of equity in the property after 10 years (or whatever you negotiate) of renting it for positive cash-flow.Lastly, it looks like you're looking to buy for cash, essentially, when perhaps you should consider leverage - you could probably control this property for $5,000-10,000, which would provide some cashflow while building equity and enjoying tax advantages of property ownership).Thoughts, which I hope spark your creativity....best of good fortune to you.

You might enjoy it: How to Buy a Small MultiFamily Property: A Step by Step Case StudyOh - and don't forget to set up your Keyword Alerts!

I'm glad you're enjoying the podcast.

So he enjoys the benefits of compounding during that period, and using DCF in example #2 is appropriate (at least according to this line of thinking).

doesn't mean you have to do all the dirty work, unless of course, you enjoy evictions.

I enjoy working with protfolio lenders.

Not sure what I'd do that of enjoy more.