Do you have another source of income?

Hi everyone,New to real estate investing, signed up with BP as a PRO couple of weeks ago so that I can use all the features.

The QI you select can be a valuable source of counsel for planning and strategy.  

And if you can save money by adding a unique feature... sounds like a win win to me.

Robert Kiyosaki recommends having stable cashflow from an income source before investing, I'm still looking for traction.

One of the guys featured in legrand's book ..http://www.ripoffreport.com/r/james-p-zaspel/lansd...You'll figure out ..

Meet up groups in your area are another great source to meet others.

This is a good source of education.

Along with another big point is PM the lower value asset class's are High touch and PM is critical and as most PM companies grow they soon learn that these types of properties are not profitable for them to manage because of the extra work involved so I see the better PM's moving up in asset class's and leaving these types of homes behind...Its not that you can't get lucky and I am sure locals in Memphis think this is nuts but they also source there deals so what they get for 50k may not be what someone from CA can get the same home for in the same condition.My real experience came when I learned  as a lender in possession of a multitude of Memphis properties ...

This is one of my favorite features of Bigger Pockets especially for asking specific questions.