For me, getting pumped up from reading a post about someone making 25k off their flip is great but it's a little like a Red Bull sugar rush... it's great while it lasts, but in a little while, I need to find more to get back to that feeling again.

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site.http://www.biggerpockets.com/starthere Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions,take action to snag your first real estate investment deal if new or add to yourexisting holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

Hello, I'm 20 and have loved Real Estate since I was little. Just started reading one day about investing and it just made sense to me that I want to start! So right now I'm starting out as a wholesaler here in Reddin...

I hope, in addition to the tidbits of wisdom from others in this thread, that you take a few moments to review everything involved in the rental transaction starting with how you found these tenants (or they found you) and think about what red flags went up, when and what you should have done to avoid the drama.Perhaps better screening could have screened them out .... perhaps.I like Eric Drenckhahn's blog .... 

Anyway, when most of those are flashing red it's time to think about selling and when most of them turn green again, time to think about buying. 

You will probably get a better price for the house if they come put a sticker on the door but it could be more red tape to get the property livable again that you otherwise might not have to deal with.

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/starthere http://www.biggerpockets.com/ubg http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions, take action to snag your first real estate investment deal if new or add to your existing holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

I am a native Californian born in San Diego and lived in many places from Chula Vista to Redding, CA.

The other houses are rented 850 $ each.The net of it is that today I am still in the red on those properties.

Likely will have to go through the normal red tape and take them to court.