MC: either overspend on housing to get good public schools or send their kids to pricey private/religious schools.

I've been watching zillow religiously for some time and houses still go quickly with no price drops necessar,y lots of applications, etc.I have noticed that rents have stopped going up, maybe they are down very slightly from a year ago.

Hi Avery,(Every man is different--know yourself first.)Read Tony Robbins "Awaken the Giant Within" and do ALL of the written exercises (budget a few days time in addition to the reading for the written work).Good Luck!

@Trey CruseyI use the Zillow mortgage calculator religiously, which seems to work really well.

I am looking to get my feet wet in real estate as soon as possible as I have spent the last year listening to podcasts religiously and researching investment strategies.

If you purchase based on price you might be in for a rude awakening. 

You also pay directly insurance and taxes.Note: there is a due on sale clause with a wrap and a subject to transaction, and many times a property trust is used.Due on sale clause means that the bank has the right to call the loan due, but if the payments are paid on time, religiously, there is no real reason for the bank to call the loan due on performing, "in good standing" asset.Here's a business plan for bad credit entrepreneurs:One: understand that your bad credit is not stop you from operating a real estate business.Two: if possible get licensed sometimes bad credit prevent you from getting licensed.

A cousin of mine mentioned BiggerPockets to me my sophomore year of high school and ever since I have followed the BP network religiously - listening to every podcast, scrolling on the forums, and networking as much as I can.

If he's not licensed, you are probably just a liable for hiring him as he is for doing the job, but check with your attorney.In CA you can do $500 or $600 total job value(i forget which) or less, without a license.You may be in for a real rude awakening, as it would not surprise me if the only way to fix that damage, is an extensive and/or complete drain re-pipe...will cost some thousands, if not tens of thousands.Sorry for your loss!

Im a newbie getting started and I have check zillow religiously for Aventura for the past two years.