Questions for Beginners

[Jon Tarr]

As an experienced real estate investor, sometimes I forget what it was like for me when I was starting out. Although I remember starting out, I don't remember many of the details and thoughts that were going through my head. I joined this forum so that I could help others, hoping that it turn it will help me.

This makes me curious and these questions are for all new investors out there, or investors that are not currently doing this full-time.

What is the biggest problem you face that you believe keeps you from getting started?

What do you want to achieve from Real Estate Investing? (What is your why?)

[Ken Nyczaj]

Jerry Adams

If I’m reading your post right you could net $600 cash flow by renting your property out? Not only are you $600 to the good side but you don’t have the expense of a mortgage and taxes. That’s a $1900 change up. You could be saving at least $20,000 a year by having someone else pay down your debt. Remember the only good debt is debt someone else is paying.