Today I get a call that there's no heat and hot water in all 3 apts and the rehab guys said someone who fits his description was there yesterday claiming he's the plumber and did work in the basement. 

I understand that reading only goes so far, but even if it's just lunch with a seasoned investor I wanted to respect their time by knowing as much as I could about their field without having taken part myself quite yet.This brings me to today, with capital and the knowledge I've been able to build, I'm looking at my first investment, specifically a mobile home park.

I know from my experience that the investment property seems always little over priced and loan rate is also higher than conventional loan.What do you guys think of 5.35% loan rate for the 30years fixed 25% downpayment at today's?

Luckily, I've taken lots of photos before we tore the stained & soiled carpet out, so I am doing that today.  

(We have been waiting to update docs after we assign because we have been getting caught with sunk costs if the deal does not close) 3) Educating both buyer and seller as much as possible and clarifying any concerns before contract is signed (buyers through drip campaigns when they sign up for our list and through conversation, sellers through conversations at appointments and contract signing, also sales folder left to all sellers on all acquisition strategies) 4) Sending out a Property Update Document to our attorney every Monday.

They backed out today! 

I talked to my lender today, and they don't require a seasoning period before refinancing.

In the little spare time that I have, I've become fascinated in educating myself on the topics of personal finance and real estate investing.

In the little spare time that I have, I've become fascinated in educating myself on the topics of personal finance and real estate investing.

That just happened today to me , I was doing brakes and rotors on my van when the tenant called and said the refrigerator wasnt working .