And from my contacts in the parking industry (whom I speak with daily) the parking industry is preparing to accommodate these vehicles vice trying to act like it will never happen.Last points on self-driving vehicles that everyone overlooks...1.

That brings us to the next mistake.Real Estate Investing Mistake #5: Not polishing your presentationThink about just how lucrative apartment investing can be: it’s possible to use other people’s money to buy an investment that will pay you significant sums every month, without your doing the daily management of that property.

For example, I have a unit renting for $950 a month, which means daily it is around $32.

Specially if he is a super host he will have above avg Short Term Rental income from daily rentals on property.

Browsing Airbnb/VRBO for comparable listings in your target market, and taking note of both the average daily rate and the occupancy performance of those listings.3.

To name a few things here, this could include pulling titles to make sure its a “clear of title” building, to get title insurance to protect you if not, assist in the review of leases and lease history, and other nuances involved in the deal.Property Manager: If the building has say four or more units or the investor does not want the sole responsibility of running a new building, a property manager can help with daily operations.

If at 17 your biggest hurdle to real estate is legal age to sign a contract, wholesaling would be a nightmare, because signing contracts is a daily must.

For larger deals (50-200 units), you will be looking bigger pots of money and more sophisticated investors, such as equity partnerships, syndication, non-recourse financing from institutional lenders.SCALING: Obviously, you know some things about land lording which would apply to smaller 2-4 units, but when you get over 20 units in one place that's a whole different ball of wax as you will be handling daily maintenance calls, snow plowing (I hear even TX gets ice and snow....too soon?)

So a personal account would receive funds, then daily sweep into the LLC.

You may have to be more patient than usual, but if you're analyzing and networking daily, it'll happen.