@Caleb Godsey - Hi Caleb I know its below the 1% rule, I am a beginner as well, but from what I see In most of New York City - the property prices vs rent income will be below 1% rule, but from the other end the properties really appreciate like crazy.

Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?

It is highly important to surround yourself with people that share the same energy for something just as you do, especially if you are a beginner in a field.

Looking for advice to get our books in order, so to speak. We now own 10 units - our first deal. Should we hire a local bookkeeper? Use a new app? Use property management software? Open to ideas. Thx

There are three great groups for beginners and several others that are good for people with experience, so it sounds like you can fit into any of them.

Check out "The Ultimate Beginner's Guide to Real Estate Investing."

Check out "The Ultimate Beginner's Guide to Real Estate Investing." 3.)

Generally, it is harder for beginners to get hard money loans because lenders don't want to:Take the time to teach you, or deal with the million questions that beginners have, or deal with beginners balking at what is standard practice in non-institutional lending, or deal with under-estimated or over-spent rehab projects that run out of money without being completed.Take back the project mid streamPay for your mistakesI'm not criticizing borrowers, so all of you: don't jump down my throat.

If I had to give the first three steps they would be: Read the beginners Guide located in the "Learn" tab, read the entire Marketing & Wholesaling forums then start on some sort of marketing plan.

Check out "The Ultimate Beginner's Guide to Real Estate Investing."