An experienced title company is crucial in getting these deals closed.

Then, look for local distressed properties that fits the bill.Whichever investing style you decide on, become an expert and participate in every aspect of your deals.

Being self made has aspects of life challenges not just financially and in business but socially, ethically, religiously (if inclined) and personally as to your outlook on the bigger picture.

I already had rentals, there wasn't much applicable from what I learned to collecting rents, but I did have a better understanding of the financial aspects.

I mainly deal with the insurance aspect but am more than happy to help!

Taking on difficult conversations is certainly neccessary in pursuing any aspect of REI (e.g not satisfied with contractor's performance, relaying complaints from one tenant about another, etc).Some people have have the ability to effortlessly launch into these types of discusssions.For others, it is more of a challenge to initiate these types of conversations.

We completely renovated it and I can’t imagine living anywhere else.It was one of the best financial and lifestyle decisions I’ve ever made.Renting is almost always better, when you consider every aspect.

I also totally agree the juice bar venture is not likely a good idea, and Chris's advice as the Real Estate Investment aspect of this is spot on.

Its by no means the biggest aspect of my strategy, just a piece in the puzzle.

They are able to justify this negative cashflow, because all other aspects of the investment are excellent (Loan pay down, market appreciation, tax advantages, etc).