For buying my first property, I really benefited from a good real estate agent and talking to as many investors as possible.

Good thing one constraint to home sales — the lack of supply — is easing.

Purchase price: $55,000 Cash invested: $1,500 Sale price: $69,900 First house that I bought knowing it was a good deal going into it that needed no work.

As a tax professional and fellow investor, it’s good to have a great time around you

We know the upkeep has not been good and they told us they had someone look at the inside and quoted them around $30K.

So, while this property is not "printing" money like mid-west markets, this seems to be a pretty good deal here.

Yes, there is a chance the payment could be rejected for non-sufficient funds on the 19th, but I'm managing 400 rentals and it's pretty rare and the Tenants make good on it 99.9% of the time.

Welcome aboard Nicholas and good luck investing!

Does anyone know of just as good a way to learn about this business without spending so much money??

Do you believe online accounting services like 1800 Accountant are good for the owner of a Real Estate LLC?