In two and a half years I paid off $32,000 of consumer debt.

You can probably buy these properties cheap because it needs a lot of work, but if you consider 2 elements I listed above, it'll consume a lot of your time and money.

He is speaking to those financially irresponsible and in consumer debt.

A nice healthy increase.

Also, in CRE we do not do seller disclosures and are not obligated to give consumer notices.

Thank you guys, I actually found Aj's book have it ordered getting to my house on the 20th, also found out he has a couple podcast's and I've been consuming info like my life depends on it!

Im 18 years old, fresh out of high school, no credit, I am going into the army soon to work in the medical field, I am very Conscious about staying away from consumer debt & saving more than I spend.

I'm continuing to make very conservative offers on properties in C+ to B+ with value add potential while keeping healthy amount of liquidity.

My goal is to purchase my first real estate investment property within 1 year.I have a well-paying job, good credit, no consumer debt (just my car, which I'm working to pay off), and I am working on a 20% downpayment + rehab costs.BUT....- I purchased my current home (apartment) 4 years ago.

That, paired with a healthy amount of reserves, puts me in a good position in the case of a large expense.