No matter what the appraisal may say, your real objective is to achieve a positive cash flow and an acceptable overall rate of return for the entire holding period, so your price and terms should be structured to achieve those goals.

I would love to be financially independent and work for just myself someday, and I see real estate as one potential investment vehicle to help me achieve this goal.I currently rent the property where I live in Durango, and between my girlfriend and I, we pay $950 per month in rent....for a 1 bedroom condo...Yikes!

They wouldn't be considered rich or wealthy by most people.If your underlying point here is not to argue over the meanings of these terms but to illustrate that accumulating assets is the key to achieving what's often called "financial freedom", then I fully agree.

So you want numerous backstops to prevent the fire sale of a property.You should also seek to constantly improve your own bank lending profile by maximizing your credit score, managing the rental income reported on your tax return to achieve the best possible debt ratios, and keeping detailed documentation of your investing success.

It is not really clear how they are trying to structure this in order to achieve retaining half of the interest and passing through the other half to a Buyer of the note.

The recommendation to take action finally got through and so this is my first step.I would like to achieve a level of financial freedom, I am not greedy but I think a billion ought to do it. ;-) I would really like to have the ability to leave my job and work for myself and decide my own schedule.

I have a small win to report – a 21% rent increase I recently achieved in one of my duplex units.It started by me posting the vacancy on craigslist at 12% above what my current tenants pay.Long story short, a flurry of interest eventually turned into a bidding war among several prospective tenants who came by for showings and also met my qualifications.

I love your goals and hope to meet you someday to help you achieve them.

I decided that I want to achieve financial freedom for myself and my family as soon as possible, so I figured real estate is one of the best ways to accomplish that goal.So far, my progress had been a tad slow, but still moving forward.

I was hoping some of you knew of any bank programs or other options that may work for me in the future to help grow my business into the multi-billion dollar industry that we all hope to achieve.