Hey, my name is Kyle, and I'm just starting to look toward real estate for my future career goals, and I've discovered wholesaling as a potential step towards that goal.

Taxes are just one component of IRR.

The sweet spot is buying assets that are already cash flowing in current condition, but have a value-add component.  

It seems unreasonable to me that they would take vault components and VAT system. 1.

Since discovering the amazing benefits of REI, I am hooked, locked-on, and driven to succeed in the world of real estate.What's my strategy?

At it's core, it requires a value add component, which might be harder to find in commercial deals, and easier to find in residential deals.

Ironically, right after I made this post I went online and discovered eXp.

. - when you combine rent control with the limited rent increases along with the crazy jumps in fees paid for things such as property taxes, trash, and now lead paint inspection (for those like me who have units without young children that is a big jump from zero to whatever), that is the problem that rent control leads to.And imagine you do a real nice rehab to a rental expecting to get a boost in rent, only to discover that rent control might limit that.And I am one to limit increases to existing tenants to be a modest amount; with rent control I would have to take the MAXIMUM legal rent increase every time or else risk falling behind what can be charged as rent down the road.

I currently hold a full-time position as a Systems Engineer (3 yrs) and have recently discovered my obsession for Real Estate Investing primarily through BiggerPockets.

They think they discovered the secret formula to be millionaires.And they don’t listen.