Looking for some tips and or reviews Regarding our first deal in Newport News Virginia.  At our local Investors group meeting (PREIA) The theme this month was "Shark Tank".  The organizer pitched a 3 duplex ( 3 BDRM 1...

You can also sometimes include a minor increase in the new lease at the time the old lease would have expired especially if you are able to sign multi-year leases with the tenants.

@Sharath Kumar the pop corn ceilings could be a major problem along with any texture on the walls if they are asbestos or lead containing. there is no way to do it your self in Colorado both the removal of asbestos and lead are highly regulated by the Colorado dept of public health's air pollution division, it would be really dangerous to attempt to do this type of friable removal in an apt building because of the shared air systems used in the 1970's you could  contaminate the entire building with asbestos fibers or lead dust.

I'm assuming you're looking at multi family assets.

(Good or bad parts of town).23 y/o; <$7,500 in (1) student loan.Here is my question to you all: With $20-$23k in savings, should I put off trying to buy a multi-family and devote that budget to wholesaling in hopes of maybe doubling, tripling or quadrupling that amount overtime?

I want to owner-occupy a multi-unit property (I'm looking at anything up to four units), and I've already been pre-approved by a lender for an FHA loan.

There is a 3.5% down option, but it's tough to get offers accepted using that in the Bay Area for multi-unit properties. 

And yes, I am looking to invest in RE, so of course, I would bring money to the table.Also, I would appreciate if you could tell me where or how I can connect with other investors like you in Tucson, and fromthere be able to know how is the market in Tucson, and what would be the best way to start here (flipping houses or buying multi-family housing). 

It might be a good way to start out without spending a lot of money or doing any work. https://www.meetup.com/dallasreig/I have since decided to focus on multi-family, where the typical passive investment starts around $50,000.

By mailing 1000's of cards / month and running the call backs through a Virtual Assistant system.