By the end of today you will have an inbox full of "gurus" offering you courses and mentorship on how you can build a multi-million dollar real estate portfolio without using any of your own money!

Forced Apperception (BRRRR or buying at a discount) allows me to build in equity from the beginning.Market Appreciation is where you will make the most money over a 10-year period but is the least predictable.You typically cant get a second position loan or HELOC from an investment property.

Hi everyone,There are couple of ways to value the price of land in depreciation, such as the 80/20 (20% to land) and Using Property Tax assessor's values, or getting an assessment of recently sold lots in the area.I was discussing this with one of the CPAs, and he shared that if the cost of building the house is more than the purchase price, then the land is essentially of no value. 

I can send you a list of contacts in Ohio to help you build your team, property manager.

Local city or country building department can give you the code info.

Obviously we need to do some groundwork with the City planning department and potentially zoning.We are approached constantly by developers seeking to purchase the property for them to develop (everything from we want to build homes to help the environment to building condos for our 98 year old grandmother to live in). 

But I would also say this could be a great way for you to get more exposure to other investors and properties in your area and by building strong relationships, you may be able to find a cost savings competitive advantage. 

I would buy a lot, build a new home on a construction loan and then refinance it on a permanent loan when house was complete.

Basically should I go out of college into a similar job and build cash for 5-10 years while investing this?

Quote from @Chris Seveney: @Steve K.100% agree which is why I am against people doing seller financingThey are investing in a security instrument that is typically over leveraged because they may sell a $200k home for $220k, and get 7-8% taxed at ordinary incomeI can invest in other investments and get 8-10% taxed as qualified dividends or get depreciation and have ltv’s below 70%… throw in these borrowers are typically not underwritten properly and have a high chance of failure and I scratch my head why people think this is a great ideaI think a lot will learn the hard way in the next 2-3 yearsI’m not against seller financing, I’ve used it a few times personally to purchase in order to accelerate my ability to build my portfolio.