I’m active in the market and happy to share insights on neighborhoods, financing options, or connect you with resources.

In theory it would be wonderful to get mortgages at 3.5% down and search for value-add deals to near break even on cashflow after year 1-2, banking on appreciation from a highly-leveraged investment in a growing economy.

Focus on understanding financing options like FHA, conventional, or creative strategies, and practice analyzing deals to build confidence.

While the deal is centered around wealth and asset management, real estate investors should be paying attention.

Quote from @Edward Barrett: New investor here trying to stay in my local market (Dayton, OH).Since I've started looking for my first deal I've come across a few section 8 properties that seem to pencil, but I'm a bit loath to jump into that kind of deal.

Last year we had a water leak on a Friday night, we had somebody out immediately Friday night and came back on Saturday to do final clean up. 

Purchase price: $63,000 Cash invested: $23,000 bought for 63k as part of a 2 property deal from my handyman. 23k in it in closing costs and rehab.

First, focus on building a strong network—relationships are key in this business.

Here is an upcoming LA meetup with 29 wholesalers going:http://www.meetup.com/Los-Angeles-Real-Estate-Deal-Maker-Sessions/events/227145543/

Congrats on taking the first steps.