@Kai James you may be in an industry with a number of people who may have decent income.

All FIBI meetings support a NO SELLING policy, allowing investors--whether seasoned or beginner--to be free about sharing their real estate passions without sales pitches.Each Pasadena Real Estate FIBI meeting includes organized networking intended to identify areas of interest and possible opportunity, industry experts presenting information and experience on a variety of relevant real estate topics, and open networking sessions to enhance the value of coming together to learn.

The problem is that the industry is being plagued by online scammers and it’s all but impossible to tell who’s legit and who’s not.

I want to start small and learn the industry before expanding.

I decided I did not know enough about how my mortgage works so I got my loan originators license to keep growing and move more into the industry. 

One of my favorite parts of my classes is just talking and working with other professionals in all industries. 

I’m sorta referring to the movements in the 90’s south side Chicago, to take old Printers Row industrial area and rehab it.

Some "cons" of the 203k are:MI (mortgage insurance) for the life of the loanUpfront MIP (mortgage insurance premium) can reduce the effect of the 3.5% down paymentCan take 15-30 days extra to closeNot all industry partners (Lender, Realtor, 203k Consultant, and Contractor) are as knowledgeable/experience as neededSlightly higher interest rate compared to FHA 203(b), which is the normal FHA loanCannot repair/add luxury itemsSome areas can have lower max loan limits that what is needed to do a 203kExcept for qualified non profit groups, required to be owner occupied for min 1 year  There are many pros to the 203k, but above are just some of the "cons." 

Hey guys so I’m new to the real estate Industry and I’m studying to get my real estate license and I’m doing it not just to learn but to also get leads use the mls etc.

Industries that are well suited to remote working, finance and technology are examples, should be less impacted.In response to stock market volatility we see a flight to safe assets and that is why the entire US Treasury yield curve is below 1%, something that has never happened before.Some of the impacts to the real estate business model will be:-higher unemployment amongst tenants in impacted industries-lower financing costs-likely greater challenges with equity financing as investors ‘freeze’ in the face of uncertainty or are reluctant to liquidate stock holdings that have fallen dramatically in order to fund real estate investments-cap rates - downward pressure from lower interest rates (cap rates tend to be a spread over treasuries), upward pressure as debt and equity financing become less available (less buyers in the market)I think the greater concern is the oil price war given it is a fight that the US does not have direct influence over.We are at the end of an approx 12y bull market so some kind of correction is healthy long term, even if it is painful short termHere are some additional insights into how you might want to position yourself at this time:Focus on the right asset – I like the multifamily asset class because multifamily real estate is popular during times of uncertainty because during these times, people prefer renting and because it is valued intrinsically it is less prone to large swings in sentiment which can impact the value of single-family homes.Diversify your Portfolio – real estate has low correlation to stocks and bonds and this makes it a hedge against the stock market.