I'm no expert, but the the way I look at it now is that I'm gaining experience to complement all the knowledge I've gained over the past several months, earning a little extra passive income on the side, meeting people, and getting comfortable with being in the driver's seat so that I can see the opportunities ahead that will allow me to leverage my wife and I beyond the entry stage.

Or the downturn would drive rents down so you'd have to lower them or lose your tenants.

You can never count on appreciation as a driver for cash flow.

Recently, they gave me a $70k cashier's check without even asking me for my account number and driver license.

hey everybody my name is manpreet singh m new to bp I drive cab in NYC last few years . 6 months ago hear about flipping houses so I did my research on the topic been reading talking to real estate agent's and construction ppl I have few friend who's in construction and looking at everything I decided to go with real estate  investing it is  life changing decision. so talk to  one my friend and get in touch with a wholesaler in Brooklyn  he's willing to sell me deals at good price. profit margin in NY is very good so far as i have seen (if u strike the right deal in good area)been talking to other ppl who do flip properties on regular basis out of BP but one seems like helping on providing on where to get startup money or how to get ppl lead to money to do uer first flip.I know my weak point in convincing a Leander is tat I don't have background in real estate so they look at me as a cab driver trying to to be at real estate investers.back in the days I use to help my aunt in Sacramento California in real estate wasn't involve tat much but I know the basics of real estate Market in NY is very good.                                             

In addition to this he recruited a handful of investors with available capital who saw the value in putting their money to work through real estate investing, specifically for funding fix and flip investment properties.From the perspective of the investors whose funds we use to finance properties one of the primary drivers is to have as much of their capital out working for them as possible.

While we have some diversification, O&G is still our primary economic driver.

I find it increasingly amazing that so many do not understand the way things worked just a year ago is ancient history.If you are buying REO and have the ability to perform, meaning ready access to the funds, you are in the drivers' seat.

I have a couple posts on BP already but have not introduced myself, so here I go.I am 21 years old working full time as a truck driver, making what I would consider good money.

All the transplants from other states come to nyc and drive rents up.