![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/347335/small_1621445777-avatar-danemag.jpg?twic=v1/output=image&v=2)
5 July 2015 | 4 replies
Think about it like playing the guitar, or any instrument, you are not going to be able to just pick it up and automatically be able to play whatever you want.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2276254/small_1633874787-avatar-louism95.jpg?twic=v1/output=image&v=2)
22 October 2021 | 2 replies
Hello everyone, I'm new to the real estate investing world, I've been doing armed security for the past 20 years, worked a lot of hours and just wasn't going anywhere, then i stubbled back onto Robert Kiyosaki YouTube channel, and membered learning about it some back in 2007, then started watch Ken McElroy learned as much as i could from him then i saw David as Ken's guest and that's what introduced me to BiggerPockets, and have been watching videos taking notes trying to learn as much as i can and trying to get started at the same time, and found some hard money lenders (because I knew I couldn't get a loan from a back with my credit score and just getting started) four of then said sure will give you the loan talk about being excited then they hit me with will give you 80% of the LTV and you have to put the 20% down, my mouth dropped and another guy said there's going to be a 15k PMI added onto it and after I explained I needed to figure out how to come up with the 20% plus the 15k he blocked me on Facebook, so i began asking friends and family for the loan but ended up at a dead end, so with one of the hard money lenders i spoke to and kept in contact with offered my a loan officer position and explained the pay and everything, and in my mind i was like oooo if i get 5 of these deals i could have 20k, which would be enough for a down payment for the LTV on a condo then do the BRRR strategy on it, so that's currently where im at now.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2229173/small_1629744531-avatar-ryanf451.jpg?twic=v1/output=image&v=2)
25 October 2021 | 13 replies
It’s hard to articulate a number, but I feel confident saying that the appreciation play in EP is a pretty solid one.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1031060/small_1629435921-avatar-nickr138.jpg?twic=v1/output=image&v=2)
14 October 2021 | 8 replies
The best way to explaining this is for you to download an IRR calculator spreadsheet or build your own simple one and play around with one.For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2112524/small_1736989061-avatar-444noah.jpg?twic=v1/output=image&v=2)
20 October 2021 | 9 replies
Maximizing profit also maximizes work - there's no free lunch in life - so I play it by ear.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/342976/small_1647142305-avatar-jmoorhead23.jpg?twic=v1/output=image&v=2)
15 October 2021 | 11 replies
if so, how did you play that?
14 October 2021 | 15 replies
This play only occurs about every 10 years, thus you need a job so you don't get bored.3.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1428517/small_1696036904-avatar-mikes747.jpg?twic=v1/output=image&v=2)
15 October 2021 | 10 replies
Am i beating a dead horse by asking when you will be moving to FL to start a PM company?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2274341/small_1694946102-avatar-alexc760.jpg?twic=v1/output=image&v=2)
14 October 2021 | 7 replies
It is free market at play.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/216815/small_1621433921-avatar-ciscobuyer.jpg?twic=v1/output=image&v=2)
12 October 2021 | 0 replies
Please reach out if you are already in this space or let me know how you are currently investing in blockchain digital property.I happen to be actively participating in the space Gala games plays in but am looking for other opportunities to invest in other projects.