I pay for heat in two of the units ($375/mo on average through winter, oil heat) I want it out of my name.

Originally posted by Joshua Dorkin:but sadly, so many people continue to fall for guru hype.The reason why that is Josh is because the gurus are such good salespeople they offer so much to the unsuspecting person that they can't help but to fall for the snake oil speech.

Hello Everyone,My names Charles, I just recently finished my graduate program at the University of Houston and am currently working on the trade floor of an oil and gas company.I have an accounting background and two years prior work experience in a small public company (the majority of the partnership's rendered service to were either in the medical or real estate industry), but would like to further expand my knowledge on real estate before testing the waters.

Hi I am Levi Pollard,I live in Dickinson ND, oil boom country.

The networking with so many other investors is what lead me to start Norada Real Estate Investment in an effort to help others invest and create wealth.Today I've diversified into other investments including oil & gas.

Here's a snippet about this subject I wrote some time ago: Two-family owner occupied Rental income from 2 BR: $650 per month or $7,800 per yearTenant pays electric, you pay heat, water, and sewer.Expenses: 8% each for vacancy, repairs and management (even if self-managed) Vacancy$593 (based on national avg 8%)Repairs$593 (based on national avg 8%)Management$593 (based on national avg 8%)Capex reserve$390 (5% set aside for "big" repairs like roof, heating system, etc.)Sewer & Water$520 (avg for area)Oil$2,800 (avg for area)Insurance$700 (avg for area)Taxes$1,750 (avg for area)Mortgage$3,891Total Expenses$11,830Cash flow negative $4,030 per year or -$335.83 per month So your total out of pocket for housing expense is about $350 a month.

I have heard some rumblings about the markets in areas that have recently been impacted by oil are doing well.

I really don;t care how many calls I get as a long as the ones I do get are deals.I'm middle aged and looking to retire from traveling in the oil and gas industry so I'm doing the BRRRR method.

Graduated last August with Finance Degree and went into oil and gas.  

You can 1031 vacant land to oil and gas rights.