But if it were my first deal, I'd go 4 units or less to let the REI bug bite :) Hey Erwin I'm pretty fortunate that I don't have any real credit card debt, car loans, student loans or anything outstanding other than my mortgages.

If you are lucky and/or fortunate as I have been in business (and dancing–as anyone who has seen my wife dance can attest), you survive long enough to get another shot, another chance to show maybe, just maybe, you can learn a thing or two.

(Investigate the presence of Fortune 100 companies and industry diversity, using resources like metropolitan council reports and broker websites (e.g., CBRE, Colliers).)Affordability: Ensure household income has grown at least 1% YoY for the past 20 years.

I got (very) lucky and realize I was fortunate; I also realize how easy it is to lose everything via marriage, people targeting you, etc., so you got to put yourself in situations where you're a rookie often and you realize you're working at a deficit.

Thanks, and I look forward to hopefully getting more involved on here if we're fortunate enough to have things start to snowball over the years into additional properties!

I am still a long distance full time college student so I hired maintenance and cleaner but I did all the rehab myself over the summer so I saved a fortune.

Felicia Hey Felicia,Now is a great time to get back into the game, and you're fortunate there just so happens to be many opportunities in your back yard, more so in the areas surrounding Charlotte as the city has become so competitive...A solid lender will help you take your business further than you ever could by yourself using just your own cash.While you're able to derive tremendous value from the service they can offer your business, there is a cost associated...In our experience, the better the deal, the lower the cost of entry.

Many lottery winners do not know how to handle their windfall of fortunes.

During the Winter months because they are all electric I am paying a fortune in electricity like $2,500.

(Investigate the presence of Fortune 100 companies and industry diversity, using resources like metropolitan council reports and broker websites (e.g., CBRE, Colliers).)Affordability: Ensure household income has grown at least 1% YoY for the past 20 years.