It's crucial to conduct thorough due diligence on the property to ensure it has potential for value appreciation or can be renovated to increase its market value.To learn more about seller financing and strategies for adding value and reselling properties for profit, consider studying real estate investment books, attending seminars or workshops, and networking with experienced real estate investors who have successfully used this strategy.

I haven't done business with Eddie so can't say anything but the one full-day workshop I attended was up-selling of 3-day workshop and note school conference.

Go to learning events, workshops, or classes.

Initially I was constantly offered trainings and workshops and upsells.

If your rent would be somewhere closer to 1% of the replacement value, the long term capex picture would look differently, but that's obviously not realistic in the Walker Square area.I know this is not what you want to hear, but case in point at one of our workshops I had an investor who has owned a sizeable D-class portfolio for almost 40 years, self-managed, self-repaired, re-leveraged to pay for capex - and he said he has basically nothing to show for in terms of retirement, so he has to keep working it.Food for thought.

Don’t hesitate to seek advice from experienced real estate investors, join local real estate groups, and attend workshops or seminars.

I consistently advocate for a balanced approach to investing, and that’s what I do myself.I recently held an entire workshop on my concept of ‘total return investing.’

Never fear, Dave Meyer is here to demystify one of the most important (and surprisingly easy) steps of your investing journey: deal analysis.Live Workshop: Demystifying Deal Analysis with Dave MeyerDate: May 29, 2024Time: 11am PT | 2pm ETIn this live workshop, you'll walk away understanding:How cash flow, appreciation, amortization, and tax benefits all shape the quality of a good dealWays you can maximize your investment returns BEFORE buying a dealThe key questions you should ask before every investmentWhy MOST properties out there aren't deals—and how to poise yourself to move immediately on those that are Register now to secure your spot!

Hiring a Manager: Decide whether you'll manage the property yourself or hire a property management company.Tenant Screening: Develop a tenant screening process to find reliable renters who meet your criteria.Legal and Tax Considerations:Legal Structure: Consider forming an LLC or another legal entity to protect your personal assets.Tax Implications: Understand tax deductions available for rental properties, including mortgage interest, property taxes, and depreciation.Networking and Education:Real Estate Forums: Participate in forums like this one to learn from experienced investors and ask questions.Local Real Estate Groups: Join local investor meetups or associations to network with professionals in your area.Continued Learning: Attend seminars, webinars, or workshops to stay informed about real estate investing strategies and market updates.Starting with a rental property while keeping your condo as an investment is a great way to begin building wealth through real estate.

They've got an event coming up in Texas in April called the Deal Analysis Workshop where you can learn how to underwrite multifamily deals.