Would be happy to connect with all of you! 

I’m going to be real: I don’t own a property yet, and I don’t have a pile of money sitting around.

I live in the greater Naples area.

Purchase price: $232,000 Cash invested: $18,000 My real estate investment journey began with a leap of faith when I purchased my first investment property—a charming but very needy fixer-upper in Connecticut.

One of the biggest red flags I have as a lender (who lends my own money as well as secondary market loan) is when a rookie tells me there goal is to buy 10, 20, whatever properties in the next year. my next question is how many do you own currently?

Since you have lived in the property for two out of the previous five years you could take the first $500k of the gain tax free (as a married couple).

Hes done the same to us and beat us out of money also.

The RE agent stated some properties on the river in the past did not get their lease extended to provide better river access.  

There is a potential scenario where an outside rescue fund (marketed as preferred equity to new investors) could come into play in many of the projects that appear to be performing especially if they have been paying the pref (via a reserve account stockpiled by over raising funds in the beginning).

Think of it this way.