Hi Everyone,

My name is Emily Hsieh (last name is pronounced "Shay"), and I'm a total newbie to real estate. I live in NYC and worked in media/publishing for 12 years. Last year I quit my job and took some ...

Search and search and keep search for a multi-unit say a duplex or a 3 unit, with ugly outdated paint jobs (forest green/ navy blue etc...) carpet etc... and fix that up and rented out to other military folks may be?

We also had to tear out the garage stairs because they were saturated with urine and feces.After two days of scrubbing the garage floor, with everything from simple green to bleach to baking soda, the place is finally smelling better.

Instead of putting down 20-25% cash on the next house ask the bank to see, if you could put down "your equity" in your 1st house.This will work if:you buy below retail, like some house with ugly green carpet or purple walls that is not selling.

@Dick Green After a few early years of not collecting enough security deposit up front, we realized to mitigate our risk we would not be shy about asking for substantial security deposits.

I have crunched some numbers and its going to be rough to pull together all the green by myself.

Dont assume just because your getting your voucher payment all is good in paradise.

Hundreds upon hundreds of green lizards.

Although I'm totally green to real estate investing, I have spent the last nine years of my career doing a combination mortgage origination's and residential real estate sales (7 years in lending, 2 years in real estate).I stumbled upon BP through a couple of Google searches and couldn't believe the information and resources that are made available within the online community.

Originally posted by @Taylor Green: @Jon Klaus Do you agree with the general opinion that if you buy a solid property, in a solid location, that cash flows at least $100+ a month and keep 6 months rent in reserve for each property you own, your business would survive another crash?