Hi everyone, Any referrals on a RE attorney around Port st Lucie and Martin counties. ThxLouis

Do you prefer to be more passive or active, more in control or less, hands on with a hammer or not, good with people and negotiating or not, good staring at numbers for hours or not, etc. etc.”Personally, I do not use business cards and that is because I have yet to find myself in a situation where I would need to pass out a business card and if I do, I still have my W-2 job that is still very much a part of me and actually a job I treasure as it has helped shape me into the person I am today.Should someone need to get a hold of me, I can give them my W-2 business card, or simply swap numbers right there as I hate carrying additional paper on me and in this digital age, you will find that more and more people are using hard copy documentation, less and less.It just seems to me to be an unnecessary expense.I suppose it would matter if you were a wholesaler or into a niche that required it, but for me as a buy and hold, I go cheap and I stick to phones.My market also dictates to some extent what I choose to invest in.I do not have a website and/or business cards because living in Denver and primarily dealing with Gen X and/or Gen Y (Millennials), none of these groups, and especially the later, care to be carry around your business card.Anyway that’s just me on the whole business card deal.As far as investment strategy, I “ABSOLUTELY” love the way these gentlemen have explained it above.Personally, I love control.I thrive on it and have always wanted to be my own boss.It is for this reason that I actually self-manage all my rentals and plan on doing so for as long as I can.I am also very analytical, organized and a little of a thinker, constantly building systems and tools to make life easier.Because of that, I find that self-managing is something I do fairly easily.It didn’t always used to be like that.It is a skill I have developed and continue to develop over time.I also find that I want to scale quicker so for me the focus is multi-families not single families.Additionally, I prefer smaller not large multi families.So 12 maybe 16 unit max as I am also looking to provide a certain kind of home that the larger type multi families I feel will not be able to get me there.Anyway, great thread and thanks for all the input as it helps the rest of us learn too.Oh, just like Brian, I could never be a wholesaler.My passion is in the active, control, with some hands on DIY, staring at systems kinda thing.Cheers!

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Its like finding treasure every time.

@Brad Gibson use the rental calculator on BP and use 10 % for vacancy and 5% each for capex and repairs, 8 % for property management, actual taxes, and get a quote from an insurer to gauge policy cost.Get actuals for garbage, water, electric etc from sellers.Check the assessor website for assessed value and treasurer website to make sure real estate taxes are accurate.Plug in 25% down payment at 5.25% on either a 20 or 25 year am which most likely will balloon in 5 or 7 years...if you want a more specific rate contact a few portfolio lenders like small banks or credit unions near the apartment and give them your scenario to find most accurate/favorable rates to input into BP calculator.Check trulia or www.spotcrime.com to gauge criminal element.Finally check with commercial real estate agents and inquire about cap rates for similar properties in the area and see how that compares with the cap rate on BP calculator.That should give you the basics to help you evaluate deal.PS-Read "Multi Family Millions" by Dave Lindahl.Good luck!

One mans trash is another mans treasure so I'm just asking about the statement where you said "to the untrained eye they may look trashy or bad".

We are also full time RE Agents who specialize in helping investors maximize profit from the sale, purchase, or 1031exchange of properties along the treasure coast.

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Hoarders treasure every single thing that they hoard.