Hi all,Market is very expensive in my area and most properties if rented would barely cover mortgage payments, however, my friend, few years ago was buying Studios in co-ops that allowed to rent out and she's making around $800/mo on each one of those rentals.After reading the book, I think Brandon was saying that he's happy to make $300/mo on a property.So, for you, what is the minimum you need to make per month to consider buying a rental property?

Considering the book is aimed at pretty new investors who WILL be hands on, investing with an IRA can be difficult if you follow all of the rules, especially if you want to be a hands on person.

I then read the book on "Real Estate Investing With Little To No Money Down", another GREAT book I got a ton of information from.

Okay Justin,based on your numbers I calculate an yearly gross income of $159,948 not $140k.Expenses are to low in my book I calculate with 55% expenses (good if you don´t reach it in true life):GI = $159,948 - 55% = NOI $71,977 or $125 per unit each monthFor an 10% CAP price should be $720,000, asking of $760,000 is near the mark and with 100% occupancy (how can seller verify this?)

I was told about the millionaire real estate investor book. (I

The book is actually in my cart on Amazon!

So I just bought the two books on flipping and estimating rehab costs, and after glancing at the rehab book I see that in order to very accurately estimate the costs, you need to either be extremely good at everything or hire multiple professionals to take a look at things like the foundation or septic.How can a new wholesaler afford inspections in order to get accurate numbers if they are looking at a lot of places?

Hi fellow BP community, I recently got excited of @Brandon Turneridea from his book "Seven Years to Seven Figure Wealth." and for those of you that don't know, the concept of the book is be able to buy more houses just from the free cash flow of your prior rentals.

You'll definitely find enough education here to keep you busy for longer than 3 months, trust me :) Great move buying the book, I also suggest checking out the BiggerPockets Podcasts, if you haven't already.

@Patrick Keene I'm sure the book is awesome.