- I specialize in both renewable and non-renewable energy land/development work which can be fical markets but I have not missed a day of work since graduating in 2010.I am new to bigger pockets but have been listening to real estate podcasts the past few months along with studying referenced books/blogs.  

From what I can tell many in the industry are just operating and hoping for the best instead of really studying the laws or doing the necessary NAL work for their specific situation.  

I read this article, but this struck me more as a case study: https://www.biggerpockets.com/renewsblog/2015/04/0...Right now, I live in CA and have a duplex in OR and another duplex in CT (forced to be an out-of-state investor due to home prices in Southern California).

Hello BP Community,Like it says in the subject line I am 22 year old college student attending Western Michigan University, studying Sales and Business Marketing, and I will be moving to Denver this July after I graduate college.My interest in Real Estate was generated almost by accident when I attended a conference in which Grant Cardone was the keynote speaker.

Study creative financing.

And I agree - that's why many Athletes and Music Stars end up broke. 

The main thing to realize is that this is a very rough estimate; based on your market (property taxes, utilities, etc), you can change from 50% up or down so that your estimate is closer to your actual expenses.Insurance is based on your own shopping around - I include all insurance as one lump sum in my calculations.So when you're talking about getting an accurate number for your more in-depth studies, you need to make sure you consider the "normal" incomes and expenses.

My brother works in IT which he had to study for years for a degree to get into.

I would strongly suggest that you do a LOT more studying before you even consider buying anything.

Lincoln may have been honest, but when you study it even the Emancipation Proclamation wasn't what it purported to be.