I raised $100k that was used as a down payment and I had a 20% stake in the project’s profit.

I have met once an enterprising young Japanese guy who has amassed a sizable fortune in rental apartment buildings, but certainly he was not the average and he worked extremely hard to get the financing while credit was loose.One source of cheaper houses are the government auctions.

I always put a clause in that says, "______ is a licensed realtor and is buying this property under appraised value with the intent to make a profit."

Or the Utah market might tank between now and then and you'll be seriously screwed, because you won't be able to sell the property at a profit for ten years and you'll have negative cash flow for every one.

Using the 50% rule, your expenses will be taken out of the 50%, and your cashflow at the end of the equation will be your profit.

If you're losing money with the property being a rental, but can sell at a profit, I would certainly sell.

-100k financed at 7% for all 100k (commercial loan) = 665 P&I-Gross rents $1800/month-should be around $100/door profit using the 50% ruleAm I missing anything?

they see $$ and try to make profit, instead of getting out of their rut.

In my opinion tax deed sales is one of the most profitable ways to make money in Real Estate.

In my opinion Tax Deed Sales is one of the most profitable ways to invest in Real Estate.