I am 21 years old currently working on my bachelors degree in Finance at the Florida International University.

I am 27yr old, currently working in outside sales for a international shipping company. 

@Tim Puffer, My inputs well undoubtedly get more detailed and "accurate" as I get better at this, but as a practical expediant, I used some percentages of revenue and purchase price to estimate certain costs.

NOI, cash flow, ROI, Cap Rate, COC, etc.Whenever I plug the numbers of anything I can find into the spreadsheet with all of these financial models I come up quite short.I live in Montreal and it doesn't seem to be that easy to find the right property in Montreal that will provide a good enough Cap Rate or COC.Basically we need to buy a house or condo at under $100K with net revenues of around $1K/month.These types of properties just aren't available in this city where housing prices are much higher. 

I'm only one of a few hundred still alive who do what I do ("legacy" systems - OpenVMS).Also was a liturgical musician for 40+ years, amateur musician, did HVAC back in the chlorinated halo-carbon days, did pro-audio, ran a recording studio briefly (I was otherwise out of work most of 1985), have done community college telecourse broadcasting, TV production (camera, audio, editing), low-voltage wiring systems. 50+ years experience public speaking including business presentations, international technical symposia and liturgical settings.

If an optionee is required to do anything to maintain the right to purchase, such as pay rents on time, you don't have an option, you have an installment sale or a sale contract.The heading of a contract at the top margin does not define what type of contract you have, you don't just declare you have an option, the intent of the contract and the terms will define what you have.The intent of a sale is spelled out in the Tax Code with the IRS, it is based on international accounting requirements, look up asset recognition of real estate options.The IRS is not some lonesome dove, all agencies under the Executive and Judicial Branches work in concert, in other words, if the IRS determines requirements all agencies and courts will utilize the same requirements to make their determinations.These "intent" rules go into effect this year, 2016.

I am trying to find out how others scale up their business(es) to create generational wealth (especially if locked in a difficult market like the New York City metropolitan area).That's why I'm asking for people's perspectives on their (big picture) strategies and how people who scaled their businesses from less than $25,000 thousand in annual revenue to $100,000 in annual revenue, to $1,000,000 (or more) in annual revenue actually managed to accomplish this.

Hello Bigger Pockets Community, My name is Gin Albanese from Jameson Sotheby's International Realty, Luxury Residential and Commercial Real Estate. 

When she started investing the revenues in FX or real estate, she and my dad decided to invest 10% of their capital into what she does for the family.

I have thought about residential rental properties, but most of the rental market is low-end and with my work schedule, I fear that it would be more of a headache than a revenue stream.