utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Before making your 1st REI purchase please visit the link below for some useful tipshttps://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Understand the challenge and find ways to thrive - despite the circumstances.

Those things are my loved ones, adventure,  and experience.As a lifelong athlete, I love and thrive in a competitive environment.

@Vincent Meoli And I would check out parts of Western and central MA before going out of state...the numbers are much different and some towns are thriving

I am excited to be part of a this thriving community.Gabriel

Refi out to a long term fixed loan, repeat.....obviously, the devil is in the details, but you know have the skeleton, and many people on here thrive off this formula, and generate 3-500 a month positive cash flow per month as a result.

My goal is to use as much of my W2 income to invest in building and growing a real estate business that thrives.  

Hello Bigger Pockets family,I just wanted to share with any bigger pocket members in the area that there will be a public hearing on May 21st at at the Deaton Auditorium in Downtown LA at 10AM regarding vacation rentals.I have been looking into vacation rentals as a potential venture in the LA area since the numbers look very appealing and I know a few friends who thrive on that industry in LA already.

So if rent is 50,000 a year you want annual sales of at least 500,000.If there rent ratio is 12,15,17 percent they are barely surviving instead of thriving as a business if it's food.

If you can survive the challenges of operating this "tweener" properties you'll be better prepared to survive and thrive as the size of your properties grow.