I'm just afraid I'm going to end up spending hundreds of dollars just to end up with the same listings I find on Zillow for free.

I will be moving to NJ in Oct/Nov anyway but mainly because, as we all know, NY has the ridiculous law that forces you to "publish an article in a newspaper" about your new business within 90 days of forming the LLC, which can cost hundreds of dollars.My question is: If I filled out the NJ LLC document online, and used MY NEW YORK address as the LLCs primary address will I STILL have to form a foreign LLC in NY?

I sent my wife and daughter a few years ago .. daughter lives in Vegas and wife was there.. they picked up a couple hundred business cards not sure if we got any business out of it.. but they enjoyed it. me I am too busy for this stuff ut then again our business is funding the back end of a lot of these folks A and D for turnkey   LOL

RE radio shows being one.I do think starting with a PM that will take a few minutes with you to help you understand the easier management areas and the tougher management areas of a given city.. is a very good first step... save you a ton of time. looking at a property only to find out PM's don't want to manage it.You can of course pop on to the hundreds of Turn Key providers that work nationwide and like any industry some are great some OK and some are not. good luck in your search

If I had hesitated to purchase hundreds of homes as an investor because a calculator told me it would be better to rent than to buy, I might not be as well-off today.

Unless we have millions of dollars’ worth in assets under our belt or hundreds of thousands of dollars in income a year (which may be your case) I don’t think it matters so I am not even going to factor it in at this point.

That way, if there is something you didn't see on your walkthrough that you don't want to deal with, you'll only be out a few hundred dollars for the inspection, instead of the thousands you could lose when you discover a problem after the purchase.

Next thing you know the 25% margin and 100 a month positive cash flow was really negative 100 a month and within a few short years they lose it all.. one turn over were it cost 7k  they don't have the funds... saw it happen hundreds of times... failed landlords in the mid west SF space create 50% of todays new inventory.. its just recycled.

prior to 08 and the GFC they did by the hundreds of thousands. and many lost the home because they could not afford the turn overs or major cap ex items. now lenders REQUIRE cash reserves and anyone buying a rental in my mind should have 10k in reserves minimum and increase that a little bit with each one you buy..

Use it to evaluate prices and feedback and decide for yourself if the course is appropriate for the niche you want to be getting involved with:https://www.biggerpockets.com/forums/79-real-estat...Article on guru courses and why they might or might not be a good plan:http://www.biggerpockets.com/renewsblog/2012/05/25...Maybe consider a budget of a few hundred, but don't spend thousands of dollars that could otherwise be spent on purchasing your first investment.