The spread between 4% and 12% is 8%, except that 8% isn't ROI because you're not into it for a dime, your bank is.

Of course, there are exceptions such as in areas with crazy rents.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

Contractors are tough to find as Shawn Holsapple said, and I'll only do work for myself (exception roof)Make sure you get on crabby Shawn's list.

@Diane G. re-reading your response above, except for the $900k accountant partner, you really didn't give any details about anyone else making ~$700k as an employee.

To wit: I'm not familiar, I just know that "except for cash out refinances in Texas, where....

Jamie from Sydney Australia I've been keen to get into real estate for years but have let fear hold me back, always thinking trying to pay my own mortgage how can i afford to pay for two.So stumbled across some Bigger pockets vid's on Youtube last month and here i am taking the plunge, ready to learn all i can and help others anyway i can.I'm looking to learn to flip properties and have investment properties, with an end goal to assist hard ship family's with affordable housingMy credentials are, jack of all trades master of two, licensed Carpenter& Joiner and Cabinet Maker, i have the skill set to do 90% of a renovation myself, exceptions being major plumbing and electrical.So i'm ready to absorb all that i canAnyway thanks for your time and i'll catch you on the flip sideJamie

Notes now are horribly overpriced from funds due to it being the flavor of the month.

Somehow capital revolves around that 10-15% range with the exception of really high risk....