I really don't think that applies anymore as the number one advantage of Real Estate is the leverage (it's easy to get money for it).However, You need cash reserves to make sure you stay in business and can keep building (both skills and wealth).To answer the question of BRRR vs Flip - It's all about "do I have enough cash reserves to make sure I'm going to stay in business?"

Why do you think purchase contracts are so long and have such small print?

I was recently told in a sit down with an attorney to form them into a Texas Series LLC, which I think is decent advise, correct?  

Throughout May as I was working through my classes and started to learn more and more I realized that this is something that I not only enjoy learning about but also think I'd be great at it.

However if you have no transactions I don't think it will be of much benefit.

There are investors that do the full thing, but may take a lot of money due to a newer investor bring them a deal (the split may be bigger than what you think is okay for asking).

@Jonathan GreeneI agree - I like to offer an alternative option which can be negative and I get plenty of private messages of me being mean, out for people etc.As an example, I am Sorry, but my opinion is if you get 100% financing I think it is ultra high risk especially for someone new to real estate.

You can literally find answers to all of your questions within the confines of this site.

This site is ideal for a number of commercial uses.

You can literally find answers to all of your questions within the confines of this site.