I am a newb to BP and literally just registered my account.

Within a few months, we were able to literally spring board into Real Estate Investing and we're extremely happy with how things are turning out at this point.Cheers,

Expanding to literally every cornerHow many corner bars do we need!

The kitchens all need help as well, the landlord has quite literally done nothing to renovate or remodel the property even with tenant requests as mentioned above -- effectively a slumlord.

I found out the hard way that if you are literally within 100 miles of a property you already own, then FHA will NOT give you a loan.Here's what you can do.Wait until you get to your next duty station and then use the fha loan  orGet a loan through Navy Federal Credit Union (You do not have to be in the Navy, you simply need to be on active duty in any branch of the military or honorably discharged)....yes they will let you go zero down with no PMI and you can use it while you have a VA loan in place.

Don't get me wrong, i know about real estate and the process of a buy and sell agreement on the retail side of the industry while working with realtors and clients all day every day (literally) but i am now making the decision to make the move on this side of the industry that I've been wanting to do since listening to Lance Wakefield's episode #236 which lit a fire in me.

We are talking like 34% cash on cash, 13% CAP rate, and literally 3.5% price to rent ratio.

New to all this and literally am just moving towards gathering knowledge about rentals, flips etc.

I'm somewhat familiar with the Reading market and while it may cashflow great on paper, no matter how much you renovate it, its going to be difficult to build a significant amount of equity in Reading properties unless you're literally picking them up for pennies on the dollar as the values at least within the city are so low.

If you have not been declaring depreciation every year on your rental property you are literally flushing money down the toilet.