I’ve worn a number of hats—commercial mortgage originations, syndication, securitization, etc and was once a CFO for an affordable housing developer using low income housing tax credits.I’ve seen the tail end of the early ‘90’s downturn and was knee deep in the most recent one.

Delve deep into how I feel about it and orient my future accordingly.For those of you that knew you wanted to be an investor; before purchasing that first property what steps did you take to get there?

You must build rapport as you go throughout the entire meeting with the seller.I really want you to spend 5 to 15 minutes upfront building rapport before you move on to step two, but that doesn’t mean you’re done building rapport.Throughout the negotiation you need to gauge your level of connection with the seller, and look for opportunities to deep in this connection.

For a wholesaler to have a real shot at reselling a listed property, they would have to acquire it at a deep enough discount to pay at least four people: 1) seller 2) agent 3) wholesaler 4) investorIt better be a big pie or there will be skinny slices. 

This is because the unknown water looks so deep and murky; however, the biggest advice I can give you is take a look in the area you live, or an area that is a little more affordable outside of where you live! 

They used to live right in Allentown and we were relieved when they found an apartment in a nicer area in Macungie.

I think what you are feeling is very normal, so take a deep breath and relax.Did you pay cash for the property?  

I kind of love that area, and lived in warehouse in deep deep oakland for a while in my 20's.Recently made a long slow timelapse drive all the way from 4th and international to 580, and then back again.

Only the most experienced investors with extremely deep pockets and a strong support team should venture out into what you are considering. 

Very accurate and a pretty deep pool of knowledge you have about real estate, especially in Texas.