All Forum Posts by: Rodney Robinson

Welcome Eric Castaneda

Welcome Jessica!

Welcome Mehran Kamari!

There is no substitute for hard work, studying and expertise. If there is fear that more real estate investors will flood the market, I am sure, as with anything, only the ones that dedicate themselves fully and diligently to learning and becoming knowledgeable about the subject will did the good deals and continue to be profitable. Everyone wants to buy hot high flying stocks and assets, but few are really willing to pop open the books and research fundamental analysis. It's a fad or something to "get into" for most people.

For the reasons mentioned. I do not plan on ever renting to friends or family.

I probably would just simply explain that I value the close relationships that I have with my friends and family and would not want business situations to come in between. I know if I told the people I know and love this, they would not take it personally.

William Winston that is an amazing track record for 6 months! My mother is a realtor and we know how hard it is to get deals sometimes. So congrats on your success! And welcome

Yea Bill Gulley I'm also in a smaller town than I am used to. I am in the process of scrutinizing my local market for a complete understanding of sales, rents, neighborhoods and opportunities. I think this is more important than competition. You can have no competition and fail in market analysis and make bad deals or investments. However, even with great competition, but a greater market understanding and patience for truly good deals, I think this is a better position to be in. I'm honestly not there yet, but I know that's where good investors (in anything) should be.

Welcome Jason! Are you buying and holding single families?

This is great insight. I just finished my first draft of our business plan and will consider these details beyond the numbers. I will admit that the numbers give me confidence that I have thoroughly assessed my market; however, I am understanding that I should know just as much ABOUT my market and the conditions and risks. This should be similar to any business analysis. Financial analysis is one aspect; but market conditions should just as much be researched. I should run back through my plan and make sure I've dug deep into my market understanding.

Real estate takes time and commitment to study. You have to be aware of the fact that you may not have steady income as you start. Maybe you should keep studying and work a part time job as you fine tune your knowledge and understanding.