Quote from @John Reagan Johnson: I am new to the real estate industry and am looking to connect and exchange businessIf you are new I would suggest something totally different. 

People always say the best time to invest in real estate was last year. 

My recommendation is to see if you can work for a company in real estate or wholesaling that way you get training and education while getting paid 

It's that simple.Doesn't hurt to have real hardwood floors and A/C as well.

I figure we have around 5M equity we can borrow against after 70% ltv and buying out the other member.

Investing in real estate is a great way to generate passive income and wealth if you are in a position to do so.

I just got my Real Estate license and am pretty happy to have passed on the first try.

The Real Estate Crash of 2008-2010 caused real estate prices to crash across the country - but didn't affect rent amounts.

It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.

Is there any investor here purchased through BUCKS COUNTY SHREIFF SALE, it's my first time attneded this auction, after done title research on property at prothonotary office found that sheriff office didn't serve all lienholders in Notice.