I am new to this forum, after learn from BP materials, and now time to jump to bare land property investments, it looks niche and profitable.Has anyone used this pre-forclosure listing service for bare land ?

As you learn and participate in the forums and you will inevitably meet people who can teach you the in's-and-out's of Investing In RE.

I think that at a bare minimum, any investment property that is bought for cash flow, should have monthly gross rents that are 1% of the purchase price + capital expenses, which this duplex isn't even earning (i.e. $2,300 in rents is less than 1% of $250K).

Course Title: Flip It...A Look Into Investing in Today's Real Estate Market Course Summary: This course examines investment opportunities in real estate, including personal residences, rental properties, and "flips," and shows participants how to determine which investment are smart ones.

If any one want to discuss the pros and cons I'd be happy to participate.

Take a look at few:Solo 401k offers Participant Loan Feature which allows you to access your retirement funds any time for any reason (example would be investing in a transactions that would be otherwise prohibited).

So I don't care if you don't participate in my or any other program, contribute financially to BP (if you don't you SHOULD bc of all the value they give you, and trust me they work their BUTTS off!)

Read, participate, and enjoy.

I don't like the utility setup too much, but you are over a 2% rent to cost (assuming you didn't live there) and just barely over $20,000/unit, which is pretty cheap.

As I'm new to the BiggerPockets community , I also barely know anything about real estate and would really like to learn the ropes as well as associate with others to participate in projects .