I'm really looking forward to acquiring my very first property.

While I had to work minimally to acquire it, it truly just fell in my lap and I cannot be credited much for that portion.

Our firm hopes to make a small dent in this problem by acquiring mobile home parks that have meaningful vacancy and infilling new homes for families that desperately need respectable, clean shelter at a price point they can afford.

You do wonder thought what is going through tenants' heads when they acquire very large animals and seem geniunely surprised that this could ever be a problem.

I'm a real estate investor in NYC.I am currently looking at real estate outside of my home state with my eyes set on acquiring properties in NYC, Northern NJ, Philadelphia, Pittsburgh, Maryland, Georgia, Virginia, N & S Carolina & Florida.I am pretty seasoned when it comes to knowledge of R.E. investment strategies, credit repair, building business credit & marketing but I find there is always something new to learn everyday from these forums.Thanks BPGeoffrey Jones

We aren't going to quit our day jobs lets just say.What We Need to figure outWe are trying to figure out how to set ourselves up for A. being able to acquire the land gifted to us from my parent in laws with minimal tax/cost to them or us B Being best set up for tax and cashflow on our rental income and the eventual sale of the property.

I agree that it is important for you BOTH to agree on every property you acquire, otherwise it is not much a business partnership is it?

There won't be a lot of how to invest (get that here on BP) but there will be a ton on what to do once you acquire one plus market, economic and political factors that effect apartments are covered.Rental Housing Association of Puget Sound http://www.rha-ps.comWashington Apartment Association http://waapt.org/Washington Multifamily Housing Association http://www.wmfha.org/Washington Landlord Association http://www.walandlord.com/Some are more focused on smaller properties, some on different parts of the state, some have better networking, some have more educational programs, some have great speakers at their events.

Hi LuisWhat was your planned strategy when you acquired the properties?

I don't have the cash to use as a down payment (or at least I'd prefer not to), but do have the expertise to find the properties, acquire the property, manage and lease it, and ultimately dispose it.Any insight would be appreciated, thank you!