The key is to have the right people on your team that can provide you with the vital market details you need in order to see whats happenin.Good luck on your journey!

I find there's always a gold nuggets of information in each one and I go back to listen to a number of them multiple times.

Having recently learned about driving for $$$ I can look back and say I actually got paid to do some of that driving :)Now that I've been doing more real estate transactions (mostly rentals since I'm 23 and my sphere consists of mostly recent college grads) I've become quiet familiar with a few neighborhood rental markets including Lincoln Park, Lakeview, Streeterville, Old Town, Gold Coast, Bucktown/Wicker Park, Ravenswood, and Logan Square. 

Have great references, no pets (accept two small gold fish), good paying job and handy with tools, can take care of small repairs and use to work for a plumber.

We both have stellar credit, but debt to income is wonky with all the recent real estate.Pls help, I feel like I'm sitting on a gold mine but can't figure out how to get to the gold...PROPOSED Deal #3: 4/1.5 SFR in suburb of Detroit Acquisition cost (including rehab): $55000*Current estimated value: $90000Gross Rent: $24240 (rather high due to the crashpad niche) Vacancy (5%): $1212Expenses +Capex: $6480NOI: $16548 Annual Debt Service: $3850Annual Cash Flow: $12698Cap rate: 30%*This is a pocket listing/not on market.  

The gold is your criteria and I am now seeing that I should have been still mailing regardless of if it was working immediately or not.

On the other hand, like anything else REI has its own language, and part of becoming an investor is learning not only the concepts and numbers but the language is well ... this becomes vital as you build your team of professionals and take on partners (remember, the bank is your partner too).

The difference being we have kept with updating, i.e. lights, SS appliances, removed gold, etc. 

I guess I am seeing it as a gold opportunity to segue into REI, but as ya'll know, funds are tight on my end.Looking forward to hearing ideas.

Read blogs, post questions, and the podcasts are gold!