Debt is not a bad thing if we enter into a hyper inflationary environment.

Sell while you can, and buy low if we enter hyper-inflation...

FLFlipper, what happens if your buyer doesn't show up at the double closing (heart attack, traffic accident, changed mind, simply late, etc., etc. ) do you have a backup plan?

I'm just entering my first deals and was reading this thread,saw some great replies..and lo and behold..no ending!..

Unfortunately, what the government is doing is simply making things MUCH WORSE.

Jorene,If you want to learn about real estate investing, simply start reading the various forums here on BiggerPockets.

And we get to pay for ol Krzysztof Duszkiewicz's health care simply because he can't get along with his boss.

Success is simply having a family & being able to provide for that family.

That information simply does not exist and many (most) investors don't understand operating expenses themselves, let alone have accurate records for their property.Finally, the vast majority of newbies fail in this business and the majority of rentals in the US are owned by individuals.

Being an old hand at this game in Europe I have entered a world that has so many abbreviations and words that I have no idea as to what context they are meant for.