I know this is a book that I will re read multiple times in the future to keep the wheels churning in my head.But as for now I "have a good education, stuck in my secure job, and playing it safe".

I personally think that you can make better use of your funds unless you are a master at churning out dollars in low income areas (a lot of work).

Same for your website if you choose to focus online - it's going to take several weeks or possibly several months before it starts churning out leads on a regular basis.

I learn a great deal just browsing through all the books they have on a subject, actually better than just one or two as you start to see themes running through them all, and realize most are just churning out the same knowledge in different ways.

I agree that CHURNING the money and keeping it growing fast and liquid is key.You could be waiting a long time on that big payday.

We have to let this pot churn for a little more.

There is also high churn (many folks who move there pull out after a few years as they do not like it).

Yes, it assumes an investor who wants to keep churning for optimized return -- nothing wrong with sitting back, relatively speaking, and getting a somewhat smaller return.I was most interested in the IRR sale computations because the loans I've found for commercial properties were very tight (as in didn't allow it at all) on getting a second to get cash out.

You can take an apartment building with problems say 40% occupancy and deferred maintenance and bad tenant mix and management problems and use commercial hard money.You will have to figure in the high debt service while turning around.Once stabilized you will refinance out at the new value up to a certain LTV.Take the money and do it again.The larger the project the more the potential ARV spread after stabilized but the more risk.The larger projects take more time to turn around so the churn rate on the money is slower.What happens and I have seen this is people run out of money and the property is taking longer to stabilize than thought.Then you have some money left but not enough to take down a property yourself until you unload this other deal you bought or refi.You then start partnering with different people on different projects which can lead to a mess.You don't just want to grow out of impatience or doing more deals and then get involved with the wrong people or overt extend yourself.You want smart,well thought out,controlled portfolio growth that is highly calculated.

Bill,The theme song is "Churn, Churn, Churn" - similar to this one :D http://www.justsomelyrics.com/1831974/Peter,-Paul-and-Mary-Turn-Turn-Turn-Lyrics