The Indianapolis Business Journal has a story about the neighborhood in this week's edition (see below) .Hidden Gem:  Bates-Hendricks Neighborhood Drawing Attention (IBJ)http://www.ibj.com/articles/53754-hidden-gem-bates...

Last week on 6/17, my wife and I closed on our first home (2 story townhome built in 1997, 3BR 2.5 BA in the Houston area).

That's what really inspired my original question - has anyone else done this and where do they find the balance between the two efforts?"

What are some of the horror stories out there when it came to rehabbing a property?

Now if you are getting licensed to buy your own properties and not for a living then that is a different story all together.I do commercial but have 12 years in and others have way more time in than me but I have seen the markets cycle.

Definitely an inspiring story, can't wait for my first!  

Hello Forum,  My name is Edward and a year ago I was inspired by Robert Kiyosaki (author and entrepreneur) to begin a journey into real estate investing.  

This post might be a bit premature for a "success" story, but I'm very confident that this is a good deal.

Stories you read from other members can be priceless!

In the areas we invest in, I'd say we're just at the cusp of switching from landlord to tenant pays for the brokers fees - give it another 1-2 years and the areas will be solidly tenant pays.Moral of the story, understand the dynamics of your specific target neighborhood so you can evaluate appropriately.