If he doesn't need the income now, I'd say go for a 15 year loan and devote all the cash flow to paying down the loans, one at a time (so minimums on loans 2-6 and everything left over from all those rent payments onto Loan 1, till 1 is paid off, then start focusing on Loan 2, etc.)

Like they said on the BP podcast all the time, there are many ways to make money in real estate, so pick one and focus on it.

Just stay focused and start investing early, it will pay off later.Let me know if you have any questions about this.

I've decided I would like to focus on multi-family properties simply because I don't want to pay rent when I go to college so my plan is to live in a unit. 

Some people hedge their bets, and go 50/50 fixed/variable (or some other ratio according to their best gambling/research beliefs, but then focus on paying one down quicker than the other once rates actually change). 

Wanted to reach out to any agents who may have some advice. I am 23 in Cincinnati, OH - potentially moving to Columbus, OH - have been working in a Commercial Real Estate brokerage for a few months now learning more a...

We all know that we are paid by the value that we bring, so focusing on being a quality agent is key for me.I've found a way to get addresses for entire neighborhoods in Lexington county without paying for them.

Hi all,I am a real estate agent in the Bronx currently focused on rentals but would like to start getting into sales.I have hired a VA to help with cold calling in a targeted area.Does anyone have any advise of recommendations on his topic?

The focus of the research was to find the appropriate time to call your prospects so that maximum qualification ratio can be achieved with minimum efforts.Persistent Calling:Most of the sales reps give up on the lead way too soon, and we have observed that over 30% of the leads are never followed back after the initial connection failure.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.