No wonder the vast majority of newbies fail in this business.

Do I even need to go into what happens the vast majority of times when the 2nd and 3rd generation receive money earned by the 1st generation?

The vast majority of newbies fail in this business and a newbie has little chance of succeeding with such a large project.

The truth is that the vast majority of newbies in the rental property business fail in a relatively short period of time.

Go to the library and check out every book you can.

I look forward to seeing your many future contributions to the site and its members with your vast background!

I am still a big fan of the library.

While I certainly agree that housing prices have generally gone up over time, the vast majority of new landlords pay too much for their property; can't afford the negative cash flow; lose a bunch of money; and are forced out of business.

I've sent part of the deposit back for a few others, and the vast majority don't get anything back.So the way I see it, as a renter, they pretty much have resigned themselves to the fact that the DD is just a formality and if they are going to trash the place they will regardless of the 500 or 1000 I have as a deposit.That's right.

A vast majority of my investments are there.