The property was a crack house that had been condemned by the city as a health hazard.

The problem is, I don't know much about the work life of an agent, so I would love it if everyone could tell me the pros and cons of being an agent.

This helps when you see a property in real life because you can then run your numbers immediately through the pro forma before you need anything from an agent.If you're offering on a buy/hold property, you can make an offer before receiving a CMA or the ARV.

Hi my name is Pierre Thernize , I have worked in the banking (licensed personal investment banker), insurance (life and health) and tax (my own tax preparation office) fields.

Assuming this is a fixed rate mortgage your payment remains the same through the life of the loan.

Sometimes it got boring or tedious, but most of the time I chose that over TV or going out or any other "filler" of my free time.If you make REI a priority in life, working an 8 hour day doing something else shouldn't even slow you down.

One good thing about southside is there are a lot of slumlords and most tenants have been with one or two in their life so they do appreciate a good home when they get into one.Buy low and sell high!

There are no sure things in life and everybody sucks at stuff when they're first starting out.

Have the tenants (or you) call the city, health dept, fire dept, P&Z, let the address the violations and contact him for repairs.

Additionally, as I enter phase II of life (the big "R" not too far off), I am in search of advice on good ways to build revenue streams from investment properties (single/duplex/ multi-family).