Then, develop a business plan that considers your present status and how you can achieve your goals within reasonable financial and skill limits.Do no underestimate the value of hiring professional contractors over doing it yourself.

My last 2 appointments, something interesting has happened, and I'm interested to see what negotiation skills people use to work around the issue.The #1 thing that has happened to me both times that they would accept my offer, IF buyer (end buyer) would pay all closing costs.

I will be bothering all of you if I have any questions, lol.Also my social skills aren't that great so if any errors in grammar or any confusion, let me know please.

Be cautious about getting bogged down with rentals and tenants at this stage.And wholesaling could be very productive for you, as your skill set and credibility will put you ahead of many others.

After getting my MBA from NYU with specializations in Finance and Real Estate, I went to work for for a real estate private equity firm in the New York City area, where I managed $25M in assets and performed due diligence and financial analysis for potential acquisitions.Now that we are in the Denver area, I am using all of my "nerdy" spreadsheet and acquisitions skills to help private investors who don't have their own acquisitions departments!

The basic formula is pretty simple:-Maximize your income by upgrading your education or job skills-Minimize your outgo by living beneath your means-Religiously save the difference, and-Follow proven investment principlesMost millionaires are not big spenders.

He also expressed that as my skill progresses over time, and my need of him goes down, that he would be open to negotiating a higher commission.Once again, thank you for your time and lending your thoughts on my situation.You're the man and enjoy your Saturday!

This is how we all learn and expand our skills.

only you can figure that out for yourself.So, I'd say there are 5 ways:leveragetax advantages 'buying at the right price based on skilled, sound analysis'rehabbing/identifying 'best use'deal-making(wholesaling, bird dogging, note buying/selling)Some of these can be achieved passively:leverage + tax advantagesBut even those require the work up front to at least identify, analyze and purchase - and set up managementAnd of course: being your own PM, rehabbing project management(or hammer swinging), and all the deal-making options take constant investment of time.Deal-making is a non-starter for me, I can trade hours for dollars at a high rate in my regular business.Buying at the right price is not a skill I believe I have, I could learn it, and I read here a lot, but I am consistently surprised by how many things the experienced people on here point out that I would have missed or have never thought of.So that leaves me seeking leverage and tax advantages but frozen from buying due to my fear of becoming a 'learning example for ohters' by overpaying.So, like you, I suspect, I focus my efforts on my 'other business' and I keep my capital in the stock market.

If anyone here can get it to work well and has the skill set for this sort of thing...it would be great if you can share ....