Everyone in life wants financial freedom and real estate is an industry where that can happen because of the limitless potential. 

As for the issue of tax benefits of the mortgage  interest, well thats a moot point with the new tax plan, and I am happy to forgo that considering the fact that I saved almost $200K over the life of the loan.

Your transactions will not be as smooth as they would be with an agent that is doing 5 million a year in sales.That’s my biased opinion, but it comes from frustration of dealing with low volume agents that make life more difficult.

Taken some classes and spoke to some people, but the content I’m seeing from this community has been outstanding.I have a lead on two vacant properties that are prime for fix and flip in Washington DC; seller is selling both in as in condition.

The house is in great condition and only needs cosmetic work as it has been been well maintained.

@Brielle Ford I would say it depends on how fast the sellers want to unload the house or what condition the house is in.

We came across this little 2BR/1 BA ea average condition duplex in the downtown area built in 1964 with beautiful hardwood floors, just in need of a little TLC and updating (eventually).

@Jay Hinrichs I just really dont want to spend my whole life working in a factory

On one hand you want to be humane, but on the other hand bad tenants can make your life miserable chasing them for a few hundred bucks.

It states that he can break the lease at any time under these conditions… 1.He forfeits all deposits2.He must pay for all costs to lease the property to a new tenant (i.e. posting fees, rental signs, etc.)3.He must pay full rent until its leased again4.He must pay ½ months rent in an early termination fee.If it comes up again I intend to offer that to him as an alternative.There are about 9 months left on the lease, not sure why he would want to lose the entire deposit to go to another location an pay a new deposit and a pet deposit.