If you get a blank look or they say "put it in the bank," ask them what interest rate they're getting.

At the same time write down the names of those who said do it and when the time comes you can thank them for the advice, or most likely say what the blank were you thinking back then, that our economy was stable and in good shape and with the price of everything going up people would still be OK with 1% on their money.

Its important for top dollar given the board up is already staring in them in the face next door.

I have already stared reading the UBG, and I will check out your 10 Rules.

I think it would be a useful tool for investors to go by, rather than saying "this property passes the 2% test," there should be a name for this like the (fill in the blank) rate.

I would first start in the 'Staring Out' forum where you are bound to read posts by new Investors like yourself.

Again, there are a ton of posts on here regarding the whole process, but sometimes it can be tough to find step-by-step instruction on here so you could find a few books to fill in the blanks.

Yes, I always have blank purchase agreements with me.Mike

I do plan on returning back to the US after a few years so having 3 rentals I could time it right with one being empty to have a place to live.I’ve already started to build a team.My CPA (who I have used for my taxes for many years now) already works with other investors that are currently overseas and even recommended the PM which she also works with on her own properties.I’ve met him a couple of times to hash out small details and he emails a status report every month.He also has his “own” team of people, like plumbers and such.The best part is, he only charges 10% on the rent collected, not a fee per month even if it’s empty.If there are any questions to help fill in the blanks that I might have missed, you can fire away.Thanks

I would like to find something that has all the questions that needs to be asked (name, property types, areas to invest, etc...) to the investor and all I need to do is fill in the blanks.