I’m keen to hear how everything ended up and what corrections you applied.Thanks, Justin voegele

Seller didn’t seem super keen on it, only because they guy has two little kids and knows he can’t afford to find another place (because of his own poor spending habits. ) We could offer up to an extra $5k and the deal would still be good financially.

If you loaned the money out at 12% with 3 points it would equal about the same assuming you repeated this every 12 months.The above numbers take a lot for granted, i'm still not to keen on a 3 bed 1 bath mobile in a park.

I am very keen to start networking and meeting people! 

You need to be keenly aware of what rates your potential tenants are looking at - You are slave to the market.If you're at $1000/month and everyone else is at $1000/month, raising to $1500 won't get you more apps.Of course, if your property has some real advantages, then you need to communicate those succinctly to get people to reach.

But I learned over time that the better strategy is simply to look for good deals or even just decent deals in areas where people are very keen to move in to.I wrote about this in some detail here:http://www.biggerpockets.com/forums/12/topics/73368-looking-at-dom-when-considering-a-potential-dealI hope this helps!

@Mark Mynhier I've been keeping a keen eye on West Adams and prices have been rising over the past year.

Be keen if anyone gets something together? 

Hi guys I’m 17 and from England, I’m really keen on building a rental property portfolio which I can grow into a business.

We are very keen to become involved in real estate investing as a way to save for retirement, among other things.