Doing it as a owner-builder gave plenty of practical experience in managing a non-trivial construction process.Last year, we acquired one more condo in the neighborhood and have been gaining experience with land-lording as well.My background is in Computer Science and have been working full time as Software Engineer for about 20 years.I am interested in networking with fellow investors/tradesmen, especially who are active in our area (Culver City/West Los Angeles).Thanks and wish you all a very happy new year.Coty

You gain experience and helps you determine if you want to be a landlord.

Yet it won't mean you'll gain more success.

My biggest gain in this whole thing is do the numbers and look at 100's of properties a week to get a feel for the markets and property's in the areas your interested in.

Setting up banks to litigate based on pre-arranged unqualified applicants for financial gain.

A truly poor, responsible honest person knows when they can't afford something and does the right thing and moves to a less expensive place - they don't string you along into their problems in order to gain some benefit.One more thing, if you ever have to go to court, the court may view flexibility on your part as lulling the tenant.

I want to gain an much knowledge as possible and have been reading some of the forums on here along with reading real estate books.My goals are to start investing in properties and create a portfolio that will always keep growing (hopefully).

I have read a lot of information on why we should utilize public records and I agree.....very valuable info!

The thread and this specific reply from Don might be 3 years old, but this is still an excellent synopsis with valuable info!! 

So they will ride the ups and downs of rental income and gain on sale with you.