Also would suggest getting an experienced mentor to guide you along the way.

(I have carpet in most units.) and, "Rent is due on the 1st, late after the 3rd, there are late fees, no partial rent payments" and what will happen if the rent or late fees are not paid.An investor mentor in Houston uses this hard a#$ up front style, but I was unable to give myself permission to use it until I let my first 2 Tenants walk all over me.

The fastest way to learn is to find someone else in your area that you can shadow or be mentored by.

We just had a kid we mentor get a USAA Investment loan (duplex) priced @ $20k (private sale). 7yr term, 16% & we thought our 12% was high.

If nothing then hit the books and get a mentor.

Most recommend reading books and studying the field as much as I can, while others say a mentor or just buying a house and learn as you go (although I’d rather not go this route).

Thought I found a local mentor but not the right one.

This is my plan and I hear great opinions about this approach from mentors!

@Matt Hatton, 2 months an first paycheck was $500, which paid for my mom’s mentor tuition 😂If you’re looking for the formula, it’s the basic sales funnel:100 calls = 10 interested sellers = 1 accepts your offer.Keep moving through the numbers.

With both my Dad and Uncle on my side as my mentors, my scarcity mindset had turned to certainty and confidence.