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Again thanks to everyone for being so inviting. I haven't gotten to Carleton yet, but soon. I'll let you know more when I start digging through it all.

WOW! I'm glad there are people out there who care! I appreciate all the feedback. I was thinking similarly to what you said, CashInvestor. Now, I guess I need to find some proper management companies or some reputable agents near my friends in Austin. Thank you all again.

Other than mortgage payments and taxes, what other costs do I need to worry about when it comes to income property? I want to find property that is profitable, but I first need to know all the expenses I should look for. Any help would be wonderful.

Thanks, Pam

Living here in San Francisco, I have a small chance of finding any affordable property for investment. I was thinking about investing out of state. I have friends in Texas who tell me that property there is really affordable. What do people think about investing in real estate "out of your area"?

Thanks, Pam

Hey all. I have to say I've found this site to be really great! I live up in the San Francisco area, and I've been watching real estate for about a year. Basically, I'm really really green. I've begun to read Robery Kiyosaki, and I got Carleton sheets "no money down" from ebay.

I'm learning a lot, and just hope to gather more info from the good folks here.

Thank you, Pam