Always remember a big part of being a successful investor is managing risk. 

Do not set a goal of reaching a set number of units because there is absolutely zero correlation between the number of units you own and success.

I thought I’d reach out here to course correct myself by following what successful BP investors are doing.

We have great success this this, but only because we are market well and are very heavy on warnings and disclosures.I have many questions and all the advice here is amazing.

The “tales” of nothing down/seller subordinates “down payment” done successfully almost always hide the most important information - that the buyer either provided additional collateral (such as real property owned “free and clear”, a certificate of deposit in an amount greater than the down payment required, or the buyer is financially strong enough that part of the financing was in effect a personal loan or line of credit. 

I am going to start posting a success story every week from one of my clients and maybe it will help some get started..

One that involved firing their entire field operations team, which I thought was key to their success.

I'm looking forward to connecting with like-minded individuals, learning from your successes and setbacks, and growing together as a community.

So we think flood insurance on this one is a wasted expense each year, and can go away when we are no longer tied to bank financing.Screening and vetting: As with every property, vetting good tenants is essential to success.

There are big names like AC Ramos out of Houston who is SUPER successful!!!