Those sites also have ghost bidders pushing up the price so you will see properties leave and come back the next week after not hitting the reserve or when a ghost bidder wins by mistake.

I think they calculated the transactions as gains by mistake?

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Quote from @Scott Vaeth: A bird in the hand is worth two in the bush.I see so many new investors lose thousands (or tens of thousands) every year by making rookie mistakes with existing rentals.

The last thing you want to do is to assume something, then make a mistake, then try to evict a resident in NY, then have the resident prove you broke the law.Please get an answer from someone who is qualified.

@Raj KandragulaRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

You are NOT a property collector.Never mistake what the asset is as a REI. 

I almost made the mistake of paying a Philly guru who was going to teach me the ins and outs of buying section 8 homes and after reaching out to others on BP who invest in better market real estate, realized its incredibly risky.

The economy is crunching right now, make no mistake about it.

Get your feet wet, make mistakes, and learn as you go.