If the world drops in value by more than 30% - we're ALL in trouble!

In addition we are also looking for a mentor in the buy and hold/fix and flip realm to gain real world education about our current strategy.

Its been fun listening to BP for months and determined it was about time to expand the circles around Seattle (and the nations & world!)

Keep some liquid investments like stocks and bonds handy so when that day comes that the world falls off a cliff you don't lose your apartment complex.3 - Do not trust your property management company - there are good ones but you need to be their "overlord" so to speak - quarterly reviews of their numbers, regular meetings with them, etc.4 - Do not buy a complex based on magical projections of future rent increases - only buy it if it the numbers work as is.

Your debt service is so low to the cash flow it produces that even a refi at a higher rate will not impact the property that negatively.If you have a 10 cap and debt goes from 4.6 to 6 it's not good but not the end of the world.

When you move on to a broker the risk increases some but you can still figure it out.Once you move into the private world AND broadcast you need money you have people seeking you out simply to rip you off.

Hello,So I am dialing up offers to send out to some properties and I want to know as a newbie to the investor world.

I am currently on a one-year long "mini-retirement" traveling the world and plan on moving to Berlin sometime in 2019.

Learning about the real estate investment world is like working out, when you start off you're weak as hell.

You’re also trying to wholesale a property that has already been exposed to the whole world, and no one has bought it at or near the listed price.....what does that tell you?