But I read that the boom is occurring almost exclusively east of the tracks and is very concentrated, hence the rise in median prices.

Buying an investment property in a building that has an investor concentration of higher than 30% of the units is a major no-no.

The investor concentration is to high for Fannie/Freddie guidelines.

@Edward OchanasHello Edward Ochanas,The Company’s books and records are available to you and all investors and are prepared and reviewed twice a year by Van Duyne & Bruno CPAs - a specialist regional certified public accounting firm with a real estate specialty practice and concentration.

A lot will depend on what type of real estate you want to become involved with; rentals, flips, wholesaling, brrr, singles, multi-family, commercial, etc.Here are a few suggestions:  (especially for singles and small multi-family)  concentrate on the best school district, get the worst house on a great block, stop your car and get our and actually speak to people working on their yard or just sitting on their porch, eat at a local mom/pop coffee shop--sit at the counter and speak to the waitress and customers.  

Hello everyone,I am currently going to college for Business Management with a concentration in accounting and I stumbled on the BiggerPockets podcast as I have always been interested in real estate.

The time has changed and we are more concentrating on buying and selling real estate properties.

I have been concentrating on new construction multifamily units in TX which have no where near that ratio, but in my experience, have had much lower OE than the 50%.

I think you can do alot with $45K, as long as you concentrate on strategies like lease options, sub-tos and other non bank financing techniques.

I concentrate on short sales but I have a friend who is facing foreclosure that is not a short sale candidate.