I have rent to pay for as well as the odds and ends of day to day life.

Scroll through the groups, joining any that appeal to you.The Pennsylvania Investors group is moderated by our very own Michael Shadow (dafly) and is putting together a PA REI real life, face-to-face get-together (if we get enough interest).

Hi Christian,I work with a very large REO broker that handles properties in the Atlanta area for numerous major lenders and I can tell you that not all listings are on the MLS.

Hi Susan,Jason &life students,I sure was happy to find this forum.

$850/month less 40% for expenses (read numerous threads in landlording forum on this topic) leaves NOI of $510.

I feel many of us know of all the hard work it will take to get off the ground but don't know what life is really like 10 years down the road when everything is in place.

An extra thousand bucks in my pocket isn't worth losing a customer for life.

Can this course take someone that has never done a deal in his life through his first one?

Maybe it could some how damage your other accounts which would cost you more(I know it real life it can't just making the analogy).Like a poor tenant.Its a balance of risk and return.

Lots of people made out like bandits during the bubble buying properties that were badly cash flow negative.OTOH, you don't have to look very hard to find numerous cases where tenants are being kicked out of their rentals despite paying the rent on time every month because the owner is being foreclosed.