Ultimately you Cash on Cash return will go up if so.

I was a licensed contractor in California, but let my license expire when I moved to Arizona 12 years ago.Our intention is to start wholesaling before moving into fixing and flipping, with our ultimate goal of building a rental portfolio for retirement.

If the portal takes a large promote on a GREAT deal it may still be better than a minuscule amount on an average or poor deal.There are tons of other things to consider when evaluating deals:1.What is the track record of the sponsor?

I suggest Ultimate Free Beginners Guide

His unit is full now, but i would rather have a vacancy than a tenant that keeps things stirred up with the other 3 tenants around him  & which may ultimately result in more than one vacancy if something is not done.

The ultimate goal is to have a portfolio of multi-families that will give me the passive income i want. 

I recommend starting with the Ultimate Beginner's Guide under the Learn tab in the blue navigation bar.

If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast.

If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast.

As I see my portfolio grow and I have had the opportunity to experience many different markets and ways to grow in real estate I am looking ultimately for passive income.