I can also get the same job done a lot cheaper, but i have to be there basically everyday because I am having to watch everything that happens to make sure it is done right.

Couple days after I’d rented to them I listened to a Bigger Pockets that talked about the things you should watch out for when renting to tenants.

Hey guys/gals,I have officially watched all 301 podcasts and all of BP's books are on the way (hoping to finish them before the end of next month). 

My second event i went on Craigslist to find an ad came across an ad saying Become a real estate investor earn while you learn, thought i give it a shot this guy was telling me about Renatus and great mentors they had he invited me to a meeting in south jersey on a Thursday night to watch a guy name scott rowe who has made millions of dollars off real estate education, before i went i had to research what renatus was and who these people the guy was telling me about needless to say i was skeptical about rowe and this guy name brian meara they said he does shortsales and i ask the guy who invited me what shortsale was and he said the host will tell me, sounded like he didnt know what it was either, for the most part all he said was that this was an opportunity of a life time, wasn't sold on that either so i sat there for about an hour and 20 minutes listening to scott say he was from Chicago show me picture of  his community a pie chart how to get into renatus how to pay for very expensive education how to get the money blah blah blah caught in quick that this was an mlm meetup.

These are probably big fans of Flip or Flop and watching TV can make it look easy. :) 

As you read these books, watch the biggerpockets podcasts.

Chris -   some lenders  will not let a HELOC in 1st position.....so watch for this …...most lenders  will not do helocs on  investment  property only on primary residences  ( there may be some exceptions )   …..if these have 2 adjacent tax lots - you prob wont find a lender to lend one loan on both  properties  …..I would recommend  checking with the smaller banks and cedit unions in your area ( n Pierce / s King counties ) good luck

Make sure to watch a lot of podcasts and ask questions. 

The last thing you want is to over-extend and then watch it all come crashing down when the market turns or a disaster hits.

I have an opportunity to make some money by providing a short-term bridge loan, and am looking for advice on what pitfalls or risks I might not be seeing. Sandra bought a property on land contract 3 years ago for $180...