New Member

[Mark Masiel]

Greetings!

New member-I have listed Florida as my home base but that is only because we will be living in South America next year and MIA is a relatively short flight from Peru.

My short term is to learn everything about real estate I can. I feel incredibly blessed I have found this site. I have learned more in the past week then any book in real estate I have checked out, and I feel that there is no real agenda here that you would find from a get rich quick course on real estate.

I am a little surprised at how hard it seems to find cash flow properties. With my newbie skills I see hardly any properties that actually cash flow other than the more inexpensive properties in the midwest and northeast. Many of the properties I see advertised from Florida do not from the eye test at least, come close to meeting the rules I have read on this site. I know many people who actually own rentals and had no idea that roughly 50 percent of the rent is gone after taking in all the other costs! They truly bought completely uneducated: PI-500, Rent 800-I have cash flow!

If you think I am put off-I am not! I am more excited then ever knowing that this is not easy. Like finding a good value stock, I imagine to be successful it must take hard work and research. I can see why only the dedicated can succeed.

I look forward to learning more and I am absolutely hooked! I already have my keywords and am interested in Allentown, PA and anywhere in Florida.

Thanks for having me!

Masiel