Account Closed: Can you please explain to me how a median rent of $1,000-$1,500 would earn me money if the median price is $200k-$250k and I leverage the deal?

@Carlos Leyva I had a lot of side hustles but the one that helped me the most was leveraging my knowledge of exterior remodeling and doing side jobs.

Take loan2) You will buy 3 units using 1031 funds and loan 3) Buying a larger unit will help you leverage which will in turn increase rental income 4) You get live in one unit and tax/interest portion is a write off and when you sell gain is tax free upto 250K Your accountant should be able to split this type of transaction. 

Brokers and agents have insurance to protect them from this - an FSBO seller usually doesn't even have the slightest concept of what liabilities they are taking on.There are many well educated and highly experienced FSBO sellers that are easy to deal with - many are here on the BP communities, but the folks here are not the normal FSBO sellers. 

It has more attention the in previous cycles, especially now that so many people been educated and doing syndication. 

We have a rental house, excellent shape (complete remodel) currently rented out and only have had it a year.  it's completely paid for and worth $160K and excellent neighborhood and schools.  Currently we live in our ...

I have found a few groups run by various folks who have education or coaching to sell or are looking for deal funding or something like that.

Explore the education tab at the top menu.

The education is priceless and the fact that you made those mistakes, realized that they were mistakes, AND make money in the end, says something about your future success.

Hello All, I am this newbie mentioned and I have been educating myself on wholesaling for about a year now and I am finally confident enough to take some action.