I have had some struggles lately the worst was a heart attack at 46.

To be light hearted on the subject...I think my Chicago Bears use your philosophy as well which explains why we can't complete a pass lol.

Yes @Jay C. those poor, unsophisticated kind hearted bankers swindled once a again by unscrupulous borrowers.

We put on a free webinar every week here at BP:http://www.biggerpockets.com/webinarYou may also want to check out our podcast.Finally, you might find the following article to be helpful:How to Start Investing In Real Estate at a Young Age (or a “Young at Heart” Age)Good luck!

BTW- Ironbound is not the same animal as any other area of newark.This is not for the faint of heart- people steal copper, vandalize vacant properties just because, ect.

I agree with Bill though, think hard about it, but in the end follow your heart.

But he did not seem to have his heart in that offer.

In my 20 years doing lease options I've been through both good and bad markets and always found sellers that needed to sell and get out from under their house for a variety of reasons.If you are experiencing the problems you mentioned you can cure it in a heart beat by working the right market and talking to the right sellers.Good luck,Joe

This will save you heart ache from lock outs.2 - know your lease inside and out, then enforce it.3 - check for leaks under every sink.

Eventually some of Toms wealthy friends and golf buddies became investors and we went from not just real estate investors but to developers who built everything from shopping centers to apartment complexes and nursing homes but we were always real estate investors at heart.