I also look forward to networking and gaining a great deal of knowledge here as well as sharing some of my 30+ yrs of construction and 13 yrs of property management knowledge.

In my 20 yrs....doing lease to own's.........No Pay = Eviction with no snags...Matt

I'd like to share with the community my personal investing story (as brief as it may be thus far) and hopefully get some feedback/input/advice on how to best proceed from here.I am a relatively young investor (26 yrs old) and I purchased my first duplex with a partner back in July 2015.  

I'm looking to convert my current home (7 yrs old) into a rental.Current PITI: $983 ($11,796/yr)Estimated Rent: $1900 ($22,800/yr)--Principal: $254 ($3048/yr)Interest: $350 ($4190/yr)Real Estate Taxes: $276 ($3315/yr)Management Fees: $2769/yr (listing fee = first months rent, $79/mo after)HOA: $60 ($720/yr)Insurance: $75 ($900/yr estimated 20% higher than current rate)Vacancy: $2280/yr (10% gross income)Maintenance: $2280/yr (10% gross income)Income Tax: $3024/yr (gross income - PITI x 25%)--So my rough estimates have $22,800 in gross income to $22,605 total expenses.

Hello All,I found a house for my first real estate transaction in central Jersey and here is the details:This property was a CPA office for 20 yrs and in 2008 it changed into a law office.

I am 19 yrs old, in school pursuing to get a degree for business management. 

@Jared Townsend Will security first ensure a roof under 20 yrs but over 15yrs?  

@ChanceCooper Chance, First of all, nice job thinking like an investor, as a lot of people in the military don't think to invest at all.I'm in the military as well (13 yrs), have a Roth IRA, Roth TSP, a couple investment properties in San Diego, and am currently looking to buy more. 

Much appreciated.I am currently living in Tucson, Arizona. 30 yrs old.

20 yrs ago I started this venture, rented and eventually sold seven single family properties, I had children and now I'm back!