I recently formed a LLC with my brother and my dad (who has been in the game for years) and we will be closing on our first home this week!

Purchase price: $68,000 Cash invested: $1,000 Sale price: $120,000 My brother and I bought 8 acres at an auction.

Hi all,I’m brand new to real estate investing and hoping to escape my analysis paralysis by connecting with fellow investors, lenders, brokers, and property managers interested in the same area(s) as me as well as starting to actually analyze deals.I’m currently looking at 5-10 unit properties in Reno, NV as I’m based in the Bay Area and it would be nice to be able to drive out to see properties and meet agents/PM’s etc.

He mentioned his brother passed away and he was the Power of Attorney of the estate.

Its where my brother and I lived and rented out while attending ISU.

My brother and I were business partners in our construction company and would partner on our flips.

You may escape having to do a foreclose if the buyer stops paying. 

Rich Dad Poor Dad has a CashFlow Classic game online where the goal is to buy cash-flowing properties and escape the rat race.

I wanted to share with everybody a few lessons that I learned on one of our best properties this year.My partner and I ended up buying a property with a very unique situation.The seller's main concern was that he did not want to deal with his brother who was squatting in the house so he said he would sell to us at a discount if we can deal with the brother.We decided to take the leap of faith and get the property under contract.

@Lucas SpragueGood on you for your service brother.