I would add having a CPA with a Masters in Taxation.

If you happened to be in Jimmy’s part of Florida, and he was home, you could go over to his house, where you’d have a beer with him and personally learn “working a note” , “using recreational lots as down payments” and “real estate exchanging” right at the “masters” feet.  

Many OOS investors pick one market to master before expanding.Spending the next few months learning and analyzing deals is a great plan!

Stay focused.4.Master your market.

Let me get this right, you are going to go to school and spend countless hours getting a masters degree so that you can get a promotion for a few years so that you can quit that job and work for yourself??

I am definitely interested in the master mind.

Hold for Long-Term IncomeBuffett has held AMEX for nearly 60 yearsHeld Coca-Cola for 35+ yearsSimilar to buy-and-hold real estate strategiesFocus on Cash Flow GrowthBoth AMEX and Coke have consistently increased dividendsJust like raising rents over time in quality propertiesLook for MoatsAMEX: Strong brand and network effectsCoca-Cola: Unbeatable brand powerLike owning property in irreplaceable locations💡 The Real Estate AdvantageWhile Buffett mastered dividend investing, real estate investors can do even better because:We can use significant leverage safelyWe control our asset's improvementWe get superior tax advantagesWe can force appreciation through improvementsWhat do you think, BiggerPockets community?

Would you follow me in to your master bathroom?

Hey @Max Smetiouk, so a soaking tub in the master bath is a nice thing to have, in the middle of the room, no so much.

Sometimes you might want to go extra on something like the master bath or contemplate other exit strategies.