Always like to see new investors build their confidence through BP and take the plunge into their investing career shortly after.

Been a lurker for many years and recently took the plunge into buy and hold real estate.

Hey everybody,Just decided to take the plunge and make an account after reading the blogs and forums the last few weeks.

Great information and everything you pointed it is along the lines of what I’m trying to fully understand before taking the plunge.

I do have to say that there are average OER (operating expense ratios) that are used for the business, but if there's one thing I have seen after reviewing many communities book's (P&L statements), 30% expenses for a community with all "park owned" homes is very low, so please don't assume that is a safe number.The class he suggested is probably a great idea, before you plunge head first into a 500k+ investment.Because I broker in Florida and you pay a fair amount for the land value (even in a slower housing market), the cap rates are a little lower then other area's where the land isn't worth as much.

So instead of sitting around, I am trying to learn about a different field of investing (real estate) long before I plan to take the plunge.

You do have Express Scripts and UMSL that have given some stability to the area but it remains to be seen if this area can turn or not.MY OPINION is that it is a pretty risky area due to the school issue but if they can turn it and that is a big if (Riverview Gardens up North has been unaccredited now for quite a while and values have plunged and remained pretty depressed as a result) maybe it could be a fair investment but I would say there are better areas of St.

I have always been interested in investing in real estate, but have never truly taken the plunge.

Yeah it'd suck to become NY and have some of the most valuable RE in America/World  I'll leave this here for you bud: https://www.cnbc.com/2020/06/11/manhattans-empty-apartments-new-leases-plunge-62percent-in-may.html 

I think the folks that bought it must have watched a House Flipping show and took a plunge INTO THE DEEP END.