Put 5% down, maxed out 3% credits, got an additional $3,000 out of inspection items, rolled commission into deal, after all of that and prorated rents we only came out of pocket $2,000 for the acquisition.

RE is nothing but getting out a spreadsheet and putting in all of your costs and all of your income.

Don't risk it!

Our budget is $700k, and we can put up to 20% down.

We had to put temporary line, it costed $600, and I don't know how much it will cost when we do permanent repair.

I either tell them I can put them on a waitlist or refer them to a unit my contractor has told me about if I have nothing available.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

Most of the time, you put down 25-35% of the total cost basis of the project. 

Engaging with tenants to understand their needs and preferences can help in tailoring services and amenities, thus enhancing their satisfaction and loyalty.Key Takeaways:Implement tenant engagement programs to build community and loyalty.Regularly review and update lease agreements to reflect current market conditions and tenant expectations.Diversification of Investment PortfolioDiversification across different types of CRE, geographical areas, and tenant industries can mitigate risks associated with market fluctuations.

But it put my wife through all her flight school without any debt and for that I am eternally grateful.