Hi my name is jeremySo recently ive stumbled across bigger pockets and am trying to learn how to get started in the real estate investing world Its always been a passion and dream to do this even as a kid but i didnt think it was possible without large amounts of capital i see now that there are other ways tho i am not fully aware and understanding themSo let me start with an introduction hi im jeremy, im a plumbers apprentice and actively saving , currently i live at home after moving back when the whole rent and live with roommates thing didnt work and i felt like i was not getting anywhere paying rent vs paying payments on a loan , ive got a few thousand right now and am in a odd spot as i dont know if i should stop putting money away for a loan payment and buy a car ( i lost mine due to black ice and insurance didnt cover) i dont necessarily need it to work but i think it will be needed to look at potential properties when im getting ready to pull that triggerAnyways my plan when i first started my job was to just get fully licensed in plumbing and once i have it i would be knowledgeable enough to do most if not all plumbing repairs in any property thinking it would be saving me thousands of dollars when/if i needed to do any type of repair to the unit or its water/heating systems vs paying for it, granted as i get more and more property ill doubt ill still be interested in doing it but i figured its a good stable job to start with and i could always fall back on if needed.

This is why, despite construction industry's notorious swings, I have been able to have a stable career to invest in two rentals, and working on more.

Higher rate is more stable in the future, lower rate is more volatile.Any thoughts would be appreciated 

Hence seller financing (see this article, thanks to Wood and Baker, who are on BP forums too, for multiple options) could be something that interests them to have a long-term stable income and defer the capital gains.

Even if it's just you and your spouse e-mailing back and forth about how you are going to financially bear the burden, at least it's something, in writing, truthful, and dated as it plays out (rather than being like "so what happened was that 24.574 months ago we had an undocumented conversation that I can't prove ever happened, where we concluded that...").

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

For taxes this year, we ran the Schedule E Assistant for each property and the business and gave them to our CPA.

There are some stable health care facility reits that pay 7.5% if you really prefer 100% hands off.

Marty Gold I think Ed E. is on the right track with a boring ol' money market account.

Current businesses include: ESmith Legacy, a premier real estate development and asset management firm; EJ Smith Construction, a Dallas-based commercial and civil construction manager and general contractor; E Smith Realty Partners, a national commercial real estate services company; E Smith Capital Partners, specialists in the procurement of commercial real estate equity and debt financing; and Prova Group, Inc., a mobile authentication company."