Hi everyone,Hitting the reset button in life, looking to build up a portfolio of investment properties for me and my beautiful bride so we can eventually have enough passive income to retire.Have a bit of our own capital / time / energy to invest, along with good credit, so instead of paying high for our own place, we're getting into investing first to increase our monthly cash flow.Will also be partnering with family to do out of state, (for us, not them) deals as well, maybe starting in the Dallas / Ft Worth area.My brother in law has the financial edge, me, in construction trades for over 30 years.Together we want to assemble a few properties, then slowly build on that momentum to insure a better quality of life for both our families, ultimately controlling a decent sized portfolio.Interested in mostly SFR's and multi-units, and not afraid to board a plane to check a deal or get out the tools and perform some sweat equity.So, if you have some info to share, please do.

I am planing to upgrade by tomorrow or a day after to Pro .

Anyway, I turned it into a Fourplex by adding a second floor and dividing 4 independent áreas (durock walls) with 36 square meters each (With another 16k, 10 year loan at a 11.75% rate at another bank)Each área has one room, kitchen, living room, one bathroom and a laundry place, and since the average rent for just one room in the área is around $160 I´m planing to get at least $280 for each “space”.I already have a trustful architect, attorney, Handy man and I'm still looking for an accountant who knows about RE…I had a hard time with OPAMSS (six months to fulfill their estructural requests), but every single problem came with knowledge.

The cost of a plane ticket is nothing compared to a bad investment!!!

@Josiah Tullis It’s time to get on a plane.

well im new to the real estate,an what i plane to do i hope is find a lot of notes an make some money so my wife can stop working .an i can get my own house an save some money for my twins.it is 1 thing i don't want my kids to strugle like i have.but for me im from alabama an i neet my wife on the intrnet in 99.we talk on the phone an on the internet so after a while,so i jumped on the dog am came to corn an cow country.that was in 2000 an i got married had twins taylor&jordan.an so here i am seen on tv about buying an selling notes in cash flow.so is what i was told i need to find notes between 2 ppl.so i tried for a bit an gave up didnt know what i was doing so about 8mo later im trying again.the guy i rent from now is in the same thing im doing an told my wife it was a great thing to get in,when he got time he would stop in an show me how to find notes an where to look.really i have sat at this computer an looke an looked an rteally im lost but not giving up this time.i think if i find that 1st note an sell it things well change.so thats my story an im sticking to it.but really could use a good bird dog lol to point for me have a good day all thanks for the help

I would personally be willing to pay at least as much as the entry cost, as a plane ticket to America for me is well over 1000$.

Gday all @Nate Anglin  Thanks for letting us know you have family in Melbourne It is about 1 hour from Adelaide my home by plane. 

plus it has one of the cooler places to land your private plane i loved flying into that airport and then taking off over the gulf.. 

If you have it free and clear, and you financing for 30 years, are you planing a balloon payment in 5 years?