Leverage is a great tool, but leverage responsibly and you should be on your way to financially independent in no time.Best of luck.

You will easily be duped by bad information (intentional or accidental, it's all the same) if you don't know how to independently value properties as an REI.

In most cases you want the contractors to remain Independent Contractors.

My background as a professor of philosophy and more recently as an attorney give me all the tools necessary to over analyze and become paralyzed to action so I need resources like this one to help me be confident in my choices and to give me motivation to take the plunge.My goals in real state are pretty simple: I want to achieve financial independence for my family and establish a nice portfolio of assets that I can pass on to my children.

I signed up after a friend mentioned this is a fantastic site to learn about real estate investing.As I stated, I am new to real estate investing, but I am ready to soak up information on how to get started, how to build a real estate investing roadmap, and generate wealth.My goals are to build a portfolio to help my family achieve independence from the typical "8-to-6" job and learn techniques that are successful and repeatable.One principle that I have learned in my early learning is that this will take time and effort.

I would like to eventually own at least a few properties outside of Miami so I would like input on this as well.As for long term goals I would like to have financial independence and take my real estate business as far as I can, but with enough profit in a few years where I could sell some of my assets to pursue some other businesses and investing opportunities without having to abandon the real estate business.

My overall goal, like most everyone else,is financial independence and a nice home.

My mission and goal is to create financial independence for myself and family through real estate investing.

My goal is to build enough cashflow to cover the monthly bills and allow me to gain some more financial independence.

He is also signed up for free classes on investing and other money matters by a group that advocates for financial independence in severely disabled people.So, in a year, with 30 thousand down, training, decent credit, about a $1500 a month income, do you think, without the investors money,only $30,000 saved,he should be able to buy about a $70,000 dollar [$40,000 after down payment] rental home?