I got tired of renting room by room.

I simply got tired of looking at all the dud's they send over..

Hi all i'm new to the community my name is Miguel and i'm looking forward to learn with all you guys about the beauty of real state. a little something about me, i'm 37 years old i'm a proud father of 2 boys and 1 girl, as well a beautiful wife, i love working out in the gym,running playing basketball and really anything that can improve my healthy life style. i work in the construction field doing office work, yeah yeah your typical 9-5 only mine is 6am to 5pm yes long hours and i'm tired of it. being doing it for 10 years and i believe there something better out in this world for me and that's one of the reasons i decide to give this community a try. i'm not that far behind on the real state me and my wife bought our first one and only home 9 years ago a multifamily home and we being leaving rent free. but now its getting old not knowing whats next and how to provide some freedom to spend more time with my family. i always like real state but never gave the proper effort to learn more about it and to stretch it to the max. so that's a little about me i'm sure i will meet a lot of awesome people here and i'm looking forward to it, anyone from new jersey i'm here if you like to go for a jog or grab a cup coffee.

About two months ago I was tired of telling myself that one day I will get into investing and I didn't want to wait 8+ months to save up enough to start investing, so I took out a personal loan for the minimum amount my friend would partner with me on a deal for and I jumped in.

If you do not have a material margin of safety in every deal you will find yourself tired and desperate at times.

@Alex Craig  unfortunately the cycle in these price point homes is just a rinse repeat cycle.. burnt out landlord syndrome.. local wholesaler investor snags them from out of area buyer tired of losing money.the chances are greater than 99% that htis person will never make a dime first 3 months his cash loss's will equal 3 to 4 years of cash flow so he will never catch up... and now he is stuck.. property as it sits is probably not worth more than 15k or so to a local wholesaler / low end turn key buyer... sad but true.And its why I always preach on BP buy the BEST you can buy not the cheapest.. the cheapest in the midwest markets is only appropriate for locals that own lots of these and do it for a living.. these are simply not appropriate for out of area passive investors they get killed financially .

I am really ambitious and tired of paying for courses that teach nothing.

With my non-tired free time I really enjoy learning new things (like real estate investing) or being productive in a way that doesn't relate to my business (like my own creative pursuits).Thanks again everyone for the thoughts this has truly helped clear the picture for me.

Sorry alot of these other investors don't understand construction side of things cuz they get over their heads isn't fair to the one who's doing the work when they run out of money cuz they haven't dealt with anything of the sort & I'm tired of filing paper work over breech of contract it's old.

Gino literally wrote the book on mom and pop apartments....Wheelbarrow Profits.Look for...Below market rentsOvergrown or not maintained landscapingDeferred maintenance on the exterior facadeNo online presence or marketing (word of mouth or signage only)All white interior paint schemesDated lighting and plumbing fixtures100% occupancy (can suggest below market rents)All rents in increments of $25 (a lot of money to be made in smaller increments)2 - 10 year residents at rent rates below new tenantsNo late fees in the P&LSelf-managing (tiring)Self-maintenance (a lot of work)