The reason we would be willing to take such a salary cut is to invest in more free time to focus on real estate.

Starting a group is more likely because the groups are usually close and adding someone new cuts into everyone’s profits.

I know I have a lot more to learn but I don't want to waste time and feel I should take action pretty soon.I started building credit already and I read/listen to real estate related stuff everyday.

My plan is to cut that in half so that I can qualify for traditional loan as I continue studying real estate and bring in private lenders.

A 2-3 hour drive to get to the property thus requiring a property manager since I work full-time, which cuts into the cash flow greatly, which is my primary goal.

But in front of my boys (9and10)..Right before I pull up to a property to cut the grass..

Cut your gross margin by whatever you are asking him to cut his by and reevaluate.

Hello,I am in the process of purchasing one of my first properties that after the inspection I found out a lot of garage problems.It has bad roof, rotted wood, the garage door is old, the garage opener is not working (the electricity cable is cut), the concrete is in bad shape...

That being the case no contractor in their right mind is "cutting you a good deal" on a project months away that they get paid weeks/months after they do it.

You should not pay 70k for ~$650 in rent ($850 - HOA).I don't personally like anything with HOAs because I don't have control over when they are raised and each time they are cuts into your monthly cash flow and (double whammy) puts downward pressure on the asset value.The HOA doesn't cover any insurance?