Hi BP family,My name is David Gbamele I live in Greensboro NC and work as an Engineer at CISCO Systems in Research Triangle Park also known as RTP.I've been learning about multifamily for a couple of months now and I am very excited and ready to jump into a deal.I enjoy learning and I work hard and will not waste your time.I would love to take someone out to lunch, dinner, or coffee whatever it takes to get some golden knowledge.If I can add any value to your future goals please let me know.THank you for reading Thank you for reading

I know that people coming from Real Estate rather than the trades and moving into being a landlord, and ESPECIALLY women, tend to like wasting, ahem, I mean spending money on them, but you should bite the bullet and either find excellent, trustworthy tradesmen yourself (who usually have no interest in working for home warranty wages) and/or learning basic mechanicals and trades yourself, at least HOW to do it even if you don't.

It almost always costs you nothing (seller pays traditionally) and will educate you on the market(s) and tenancy profiles. 2) Buy a property(s) with long term (10+ year lease);3) Look for corporate credit rated tenants (think Walgreens, Starbucks, etc) on a Triple Net (very minimal LL responsibilities- think roof & structure) OR Absolute Triple Net Lease (no landlord responsibilities).4) Most credit tenants are experts in location selection (which again, minimizes your downside risk).... but as a rule of thumb I always prefer locations on traffic lit, hard corners with great/easy access and high Vehicle Per Day counts.My 2 cents.  :-)

Bad strategy as waste of time and could lead to mugging.2) Are the plumber, electrician and handyman properly insured to protect you if they get injured on your property or injure a tenant?

Compound interestRegardless of your real estate investments/holdings... regularly save and invest in a  low cost (by definition) index fund.Appreciation for compound interest is wasted on the old!

Hey all, I am looking for advice on which REI strategies I should be considering and which are just a waste of time.

I closed about the same amount of deals as last year but definitely had a few people waste my time so have become a bit stricter about which clients I take on. 

@Victor MenezesThere are two ways to look at it:1) From the investor standpoint, it seems like the agent is doing the bare minimum and going about their business, not really caring about your investing needs.2) From the realtor perspective, working with/for someone they do not know, has never closed a deal, and spending time analyzing properties on their behalf is more likely to end up as time wasted, so minimum effort is given until that investor proves themself.I personally don't feel that it's the realtor's job to analyze deals/do the homework for the investor, although I will assist in double-checking the numbers on a property that my client is interested in. 

Whether you pay all in cash or use some external financing, it can be a total waste of your time starting to look for locations and properties before knowing that you're gonna be able to pay for the property first (in a way that will give you the return on investment you desire).

If your competition has DWs and you don't then not having one is hurting your chances of getting top rent and minimizing vacancy time.