And how much did you spend in the rehab?

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

I spend less than an hour a month dealing with them. 

The HELOC would act as en emergency way to tap into their equity if needed - as long as they don't spend it unwisely!

You can spend as little as $100 to form an LLC, or you could use an attorney and spend $1,000 or more.

Most real estate agents don't know much about what to look for on raw land (and then they call me because I am the one-eyed amongst the blind).

I am excited to get started investing in real estate in out of state Long Term Rentals.Outside of real estate, I enjoy spending time with my kids, as well as mountain biking and other outdoor adventure activities.Excited to learn and connect with you all!

You don't have to spend a fortune and buy a house directly on the beach to do well, but your starting price point for a viable option in this market is around $350-$450k for a solid 2-3 bedroom oceanfront condo or around $500k for a 3-4 bedroom house within walking distance of the beach. 

I spend roughly $120k on my renovations, but this is for the entire property and developing the secondary suite which certainly costs more (2 new furnaces, all new plumbing, new kitchens and bathrooms with tiled floors and showers).All said and done, I personally love it.

The reason I asked about the amount is I see people always searching for the "perfect note" when they had 100 opportunities pass right by and spend thousands to buy 5 loans a year which they could have done little work and still found similar loansWe buy non performing to get them reperforming and we also have some shorter term RTL's (performing) for cash flow purposes.