If you do decide to invest in RE, just realize that you are creating a business and must run it accordingly.

Although I have over ten years of successful sales and operations experience, I have reached a point where I realize that my passion is in real estate investing.

You need to realize there is a value to your usage and not compare it with ordinary rentals.

Then you'll start to realize that this is probably only a deal at a good bit less than $400K (best case).

She also realizes that due to a major highway construction plan in the general area that the property value is to increase significantly within the next few years.

On paper shacktown looks like it cash flows great, but if you have ever driven around that area you will realize that the tenants will be difficult to deal with.

And I realize this isn't going to be the goldmine flip deal, but I live in Denver where deals like this are rare these days.

I thought I was being prudent getting an appraisal before I bought it and it was too high and I didnt realize it until after I tried to sell it.I recently had multiple offers on a house and the appraisal came in low when we went to do the loan.

However, I realize I will never get rich climbing the corporate ladder without luck and networks.

But now I'm realizing that there is also a benefit of letting a good property manager fill an empty property with good tenants.