Marty said in the first BP Podcast that access to the MLS in essential even if you don't plan on making offers or listing (which I do) and it's much easier to look at comps and such yourself without leaving all of that to a realtor, and so he STRONGLY recommends getting your real estate salesperson license.

It has a low cost of entry and a strong rental market - a great place to build a track record before branching out to higher cost markets.We plan to continue to work full time as we build the portfolio to help with our ability to finance deals.Eventually my goal is to expand to other markets and to purchase large multifamily properties.

Inventory was skyrocketing last year after being in a very strong seller's market for the past few years.

I strongly suggest you read the bigger pockets beginners guide as it covers all of the basics of financing, and the more crazy and creative methods are discussed in multiple podcasts, Blogs, and forum posts.

Hello all,I'm hoping someone can offer some insight into my current situation.A few days ago a friendly gentleman offered me his business card at my place of employment, saying he is looking for someone like me with strong social skills.

I strongly prefer RE.

If the income you're making relative to the net proceeds (equity) or return on your equity is high enough and the prospects of appreciation are strong relative to your other options you may want to keep it but, if you're making a total return of lets say 15% but prospects for 25% return can be obtained safety in abundance then you may want to consider to grow your money quicker by selling your property.

(However it would be strange for the owner to not know the lot parcel is up for a tax deed)If the lot is owned by another entity, then there is strong likelihood the building owner is paying a lease for the lot.

They've gone out of their way to welcome our tenants and get acquainted with them, which benefits them and us.I suspect that HOAs' online presence is only going to grow and become more beneficial as time goes by.At the end of the day, an association dues payment is just another expense, which has to be incorporated into the calculations.

People get frustrated with them because they move slower than other investment methods and a lot of people need ways to get capital so they can buy rentals which forces rentals to come later rather than sooner, but in general, starting with rentals is excellent because they teach you the fundamentals first, then you can use those to be really strong in other areas.