The property manager refuses to show any numbers on her properties, and they are not licensed in Champaign, Illinois, either.

I've learned these tactics and lessons.First, you need a good investor data management system.

My boyfriend, Asa, who runs his own lawn care business, and I are looking to venture into real estate investing.

In some markets values are declining and I expect that to become widespread.It costs about 10% of the value of the property to sell, on top of that.

Thanks for the advice, and I agree.

My family and I recently relocated to Orlando where we also started a Vacation Rental Property Management company. 

I'm in the Charlotte, NC area and I have 1 rental property looking to build a portfolio.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

@Andy OkamotoGreat options for you!