Two properties- both vacation rentals. One needs work and one doesn’t. I think the rehab would cost about $40,000 but if it went higher I think the decision would be to choice the other one ( i put an example with reb...

The cure to both - the 4 ions: education, action, progress(ion), not perfection".Learn to use BP to its whole potential:Subscribe to BP blog and podcasts and start reading posts and listening to their podcasts collection.Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: Real-estate-investing (http://www.biggerpockets.com/real-estate-investing) + Actionable-steps-to- reach-investing-goals (https://www.biggerpockets.com/renewsblog/2015/12/17/actionable-steps-reach-investing-goals)You can find a glossary of some acronyms here: https://www.biggerpockets.com/...You might also want to read: The Ultimate Beginner’s Guide - https://assets2.biggerpockets.......actually the entire section on Guides - https://www.biggerpockets.com/...BP has a whole section dedicated to education and starting up - https://www.biggerpockets.com/...Get busy with the entire Education section on BP:property-types (https://www.biggerpockets.com/hubs/property-types)finance (https://www.biggerpockets.com/hubs/finance)strategy (https://www.biggerpockets.com/hubs/strategy)analyze-deals (https://www.biggerpockets.com/hubs/finding-deals/analyze-deals)property-management (https://www.biggerpockets.com/hubs/property-management) (including TENANTS MAINTENANCE)business-operations (https://www.biggerpockets.com/hubs/business-operations) (and the sub section on REAL ESTATE MARKETING TOOLS & TECHNOLOGY TAXES & ACCOUNTING LEGAL TEAM)One way or another you will pay your "real estate tuition" - either in time, effort or money.

I don't analyze the property at the start, I analyze the market...and all the properties by default, to find the micro-markets that work for my financial criteria. 

View report
*This link comes directly from our calculators, based on information input by the member who posted.

View report
*This link comes directly from our calculators, based on information input by the member who posted.

View report
*This link comes directly from our calculators, based on information input by the member who posted.

It’s all about crunching the numbers and analyzing the deal with all the expenses including the HOA dues (and sometime special assessments).

Hello, BP, let me start by saying I am very new. I recently read “The Book on Rental Property Investing” and “Negotiating Real Estate” but I can’t help but feel inexperienced and insecure about this so I am asking ...

View report
*This link comes directly from our calculators, based on information input by the member who posted.

View report
*This link comes directly from our calculators, based on information input by the member who posted.