Unexpected expenses can impact your overall return on investment.Market Timing: Flipping relies on selling at a higher price than your total investment.

They can’t review the “hot” deal their broker just sent them because they’re too busy categorizing emails in color coded category’; they can’t attend the on line networking session because they need to switch over to a more detailed CRM system; they can’t visit the property going up for auction because their scheduled weekly garage cleaning is running overtime…..The Educator – This person never feels they have enough knowledge, experience or education to properly evaluate an investment.

Check out my personal favorite, Set For Life by Scott Trench , or The Total Money Makeover by Dave Ramsey.3.

Join online forums, go to local real estate meetups, and ask knowledgeable people for advice who have a wealth of knowledge.Markets that fit your investing objectives should be identified.

In a buyout I am receiving two cash flowing properties that are with section 8 tenants- currently cash flowing around 20K a year.They are worth about 200K total. 

5) I've noticed with the free contracts I've found online they have inspection periods.

Holding properties with no mortgage you get killed on taxes and a relatively low total return vs even conservative 50-70% leverage. 

I’ve been attending the RI Real Estate Investors Group (RIREIG) for over 20 years and have found it very worthwhile for the information in the presentations and even more so for the networking connections and friends you make.They meet twice a month, usually on Thursdays, one is online for anyone and the other is in person for members.I hope to see you at a future meeting!

The coursework can be done online and the number of hours you have to put in varies from 45-90.This is not an extremely difficult task.

I’m seeking to add 50 duplexes (preferred) or 100 total homes to our portfolio this year.