I am on a real estate journey to grow and obtain a potent Real Estate Portfolio.

Does anyone know any type of real estate meet ups that are happening in Chicago in the month of January?

Still, it offers solid cash flow potential, especially in multifamily properties with cap rates around 7-9%.

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

Quote from @Jeff Calcaterra: We have a potential tenant new to the area who has gone through a paid background check, signed a background check authorization form, sent us a LinkedIn profile, sent an offer letter and says he is willing to send us paycheck stubs, but says he doesn't want us to call HR to verify employment because he is supposed to have found housing already.

Seek out local real estate groups to get an idea and network around local regulations.

Your VA loan will be crucial to your real estate investing growth, especially since it affords you the potential opportunity to own more than one property, depending on your overall allotment.For active military personnel, that conundrum of where to invest and where you will end up is always part of the issue that sometimes causes analysis paralysis so it's great you have one in VA Beach already.

Negotiating favorable terms is both an art and a science, and in real estate, it's a critical skill that can make or break a deal.

Pay others when they’ve provided value to you.7th - Prime is not smarter than your local folks who you can have real relationships with.

We are actively managing two fund offerings, one focusing on real property (REO and off market properties), the other focusing on Pre-REO (vacant first mortgages).