Not only did he gain valuable insights, but he also connected with a mentor who helped him snag his first investment property in Phoenix.So, I'd say jump in now rather than later.

Don't use carpet in any rental property. 

Lake Property?

Hello everyone, I inherited a piece of property in Berkeley CA from my grandmother a few years back.

:) Its generally a good idea to know the condition of a property or level of expected repairs so you can anticipate those repairs and build them into your bid for the property.

Hello Everyone,I was talking to an investor in regards to financing and his suggestion was to get a 500k loan to put towards all current debt, but wasn't sure all the factors that may be implicated with going this route.My current portfolio has 2 properties (1 LTR, 1 MTR = 370k), and current debts: HELOC at 54k and a vehicle at 40k. 

1) Rarely paying asking price or even "market price" for a property.2) Understanding how they may be able to reposition a poorly managed property for increased cashflow and value.3) Looking for creative financing, so they don't have to deal with a bank for a purchase loan.4) Understanding ROI, Cash-on-Cash, NOI, etc. and using those numbers to determine HOW MUCH they should offer on a property to meet their taget performance numbers.Funny, appropriate, recent interaction with a plumbing company.

Another question: Have you noticed any change in income for the property since the policy was implemented?

I'm learning a lot on here and I look forward to getting some rental/investment property in the future.

Are you interested in getting MLS access and access to look at all of the vacant properties first as an investor who has a license?