Real Estate can produce large profits for you, but its also a way to help people out, not just yourself.

We also pay our kids when they do work on "income producing projects" as opposed to being forced to help around the house.

In this case, you- the property manager do not look like the 'bad guy' and are just doing your job to avoid getting in trouble with the 'owner'.Would positioning myself in this capacity be advisable given that I would be living in the same building as my tenants?

That produces total rental income of $25,200 per year (4 x $525 = $2100 x 12 = $25,200).

I'll repair it and get a tenant in (should rent for $900 a month) and the ARV is $65-$70k I want to pull the cash out as soon as I can, but having a little trouble finding lenders.

There is another report, the National Apartment Report,produced by Marcus & Millichap that gives their opinion/perspective on the market.

North Richland Hills is a GREAT example of 2 things: 1) Owner-occupants flooding the market (500+ ppl move to Texas per day, along with numerous businesses moving to Texas weekly) and 2) Investors are settling into long term cash-flow investments that produce longer-term returns over a period of time with these bread 'n butter SFR.

When you are starting out and have nothing to "lose" why go through the trouble and expense of doing all of that?

He may be on the hook for huge costs if he gets cancer because of these silly financial troubles, but hopefully if he is smart, he will not spend money and live with it and not take other peoples spot on treatment. the less people seeking treatment , the better and faster services will be.I am making a lot of money in RE and IT and plan to retire before 40, even with these socialist laws, which makes no sense.

I am thinking of this title (but it sounds so "guru-like")"How To Raise All the Money You Need to Buy All the Foreclosures You Want (and not get in trouble with the SEC)"What do you think?