When we first connect with every investor, we clearly stress that they should always overestimate their expenses and underestimate their income.We don't include expenses that are variable like vacancy, repairs and capex.We offer a suggestion on what they could be based on the past but we plead with everyone to underestimate their income and overestimate their expenses.Thanks again

Based on the above projections I receive, I then "run the numbers" to see where I project to end up each month.

Re­ad books, attend workshops, listen to podcasts, join investor groups, and ne­twork with experience­d investors.

The first thing I would suggest for you is to absorb as much information as you can through podcasts and the forums to help you better understand the in's and out's of real estate investing.

Get a few base hits with a couple of wholesalers or agents and you will see that once people notice you can close, better deals will flow your way.

We develop a relationship based on trust.

Yes, I noticed the range of HOA dues, surprising since it doesn’t seem to be based on the price of the unit.

Spend some time conducting in-depth research, including speaking with a professional in the field, and base your choices on your objectives, your tolerance for risk, and the particulars of the markets in the locations you are considering.Good luck!

My name is Andrew Tyree and I'm a real estate agent/investor based in Highland Park, near Pasadena.

I was only approved for 385 based on my w-2 by broker one but broker two said I would be qualified well into the 500s bc the property has proven income.