With leverage and appreciation you can get something that makes the returns generated by the 50% rule and the 2% rule seem like peanuts.

ok quick update this is my new plan I'm gonna enter the wholesale market i know that with no job and lousy credit multifamily buying is out of reach at this time so what am i gonna do generate cash so i can go from wholesaling then into fix/flip eventually achieving my dream of becoming a multifamily investor.step 1 is to network and build my buyers list because u cant sell something is u have nobody to sell to and as I'm building that buyers list im going to find some potential leads any advice would be great owe i do have one question what do u guys here on bp think of Craigslist

Does anyone have any suggestions on how to generate a good buyers list as it pertains to local landlords?

Though, they have been a reliable source of affordable housing for many generations of homeowners in the past and the years to come.Hope that helps!

I have been a property owner in the UK and Spain for 40 years, and have now down-sized and am looking to generate Rental Income from my equity to add to my Pension for the next 30 years.

I'm a newly minted agent myself and the feeling is a mix of accomplishment and anxiety as I start to implement a lead generation model.I would suggest interviewing multiple brokerages and keep in mind that you are the one evaluating the agency every bit as much as they are evaluating you (read: don't approach it as a job interview where the focus is on selling yourself to an employer).Also, if you're like me, my goal is to become an investor and not just a career agent, so the resources the brokerage can provide you in terms of education, training, mentorship, etc. are more important than a large commission split.

For example, if the highest and best use for one of the lots was a single family home that would resell for $500K, would cost $250K to build, would cost $50K for the developer in soft/holding costs, where the developer wanted to generate 15% return ($75K) and you wanted $25K profit, the price a developer would pay would be around: $500K - $250K - $50K - $75K -$25K = $100K Of course, it's tough for you to know all that info, so you need to do some research and talk to local developers.

From a recent poll of customer banking preferences, as seen on Bank Innovation, the younger generation is growing extremely comfortable with non-bank, banking services.

Do you work with a agent that has more detailed access to the MLS and can generate automated lists to email you based on specific criteria?

That means I have been very slow to jump in and get started.I took several steps last year to generate cash so I can start.