Hi guys. May I share something with you I have learned? 2 years ago I read all the books most of you have or are now reading. I am a school teacher and I'm worried about my future. After reading I then began analyzing properties from the MLS to see what would work. I became discouraged and confused because most of them wouldn't cash flow on their best day. Then I began seeing the one or two opportunities to buy every so often. They were mostly REO's. I learned the lingo and how to spot them. I bought my fist rental a year ago and paid too much. It still flows but not much. I am now on my third property. An REO I paid cash for. We just got 2 of the units leased and it feels great!

2 years ago I couldn't have seen this opportunity even if it was all laid out for me. It feels so empowering to have money coming from what I learned and saw just a short time ago. I now wonder what it is that I can't see and am not aware of at this point.

As far as fear. My wife told me this scares her. I told her I scare the hell out of myself sometimes too, but the alternative is even more scary.

So, my advice to all is, do your homework and take the plunge. Your first deal will not be your best deal but you learn from each deal you do. Also, with each deal you become more confident and certain of yourself. Good luck to all.

Greg