There are also countless incredible articles on our BiggerPockets Blog that you'll find to be extremely valuable . . . make sure to spend some time there and you'll be well on your way.Good luck and thanks for letting us be a part of your journey.

A brand new water heater is sitting down there and the basement has a little bit of a hump in the middle (very slight) so water can move two different directions.

I think both Mike and Eric are a little right...Real Estate Investing has so many languages that we all can have an opinion and each one of us be correct.When a seller calls me and they re upside down or in "fantasy" land I let them know on the telephone...however I don’t educate the seller about my buying techniques on the phone.If you sense they are a Short Sale candidate ask them if they have spoken to their lender about a short sale. 6 months ago the general public didn’t know what that term meant now almost everyone who is upside down and behind in payments does.I like asking if they have spoken to their lender over asking them if they would consider a short sale...

Or can teach you the one thing that puts you over the hump?

We find the "member helping member" attitude to be a major reason for us being successful.Mark

To me, I just think you have to a minimum amount of access to cash/credit to get you over a reasonable hump of a raindy day.I'd say if you owned between 1 to 5 houses = 15k6-10 = 20k10-15 =30k15-20 = 40k20+ = 50kIf you're getting decent cash flow and have over 50k in the bank, you shouldn't have any problems with reserves again.

Please make yourself at home here and let us be part of your team.

Is what I'm doing really what I want or is it just so I can fit in and be "normal" this book opened up my eyes to see what I really want and that is to be self efficient and to be free, from all the restrictions society has put on all of us. Be

Further, let us be absurd about it.

So far this year we Have acquired 9 more plus 1 more next week.The thing that has helped us be successful at real estate has been educating ourselves and build a good team.