I am 18 years old with barely any money and I live in Houston Texas I have a job at a grocery store full-time currently but I’m really passionate about becoming a real estate investor and I know I’m going to be one if there’s any advice or any real estate investors in the Houston area I have no problem with being a free assistant with you on any days I have off or after work as long as I can shadow and learn from you my goal is to own my first couple of units by the age of 21 and I know I’m going to get there I just want to learn from anyone and everything I can i’m willing to put in whatever amount of time and work is needed just let if there’s anything I can do and I am more than glad to do whatever I can thank you I really appreciate this community since I’m just learning about it within the last couple of weeks thank you

You are not required to participate in the section 8 program.I would suggest that if you have trouble finding qualified applicants you might consider it, but be sure to find out ahead of time what you are getting yourself into.

Is it a club where people are participating a lot (good), or is it mostly dead (bad).

When people do their first investment OOS, the way they lose is by placing too much trust in a team they barely know.

@AJ Shepard @Greg Dickerson @John Blanton @Chris Levarek is there anything legally wrong with a jv arrangement where the capital investor puts up most of the equity and does not actively participate and the other partner invests a smaller equity investment and runs the entire deal?

Definitely better off when you’ve got it all down to a T versus an investor doing their first or second flip and barely breaking even.

Evaluating other markets, though, I would not personally look at CO and Nevada, but would rather want to participate in the healthy appreciation of my home state, or get some geographic "plus points" of milder winters (CO) and strong economies (NV).Be well, and have fun!

I think we'll see a lot more defaults from the people with those legacy loans that were barely hanging on pre-pandemic.As a group, the loans originated after the Financial Crisis of 08 have been some of the best loans ever underwritten.

I had a rental that I was pretty eager to sell a while back during an economic and personal set back; could not attract a buyer at 260k so we continued to rent it out barely breaking even but we toughed it out.

Lastly, I believe professionals benefit from an industry where barriers to entry are low and market participants are able to step in & out easily.