Hi all i'm new to the community my name is Miguel and i'm looking forward to learn with all you guys about the beauty of real state. a little something about me, i'm 37 years old i'm a proud father of 2 boys and 1 girl, as well a beautiful wife, i love working out in the gym,running playing basketball and really anything that can improve my healthy life style. i work in the construction field doing office work, yeah yeah your typical 9-5 only mine is 6am to 5pm yes long hours and i'm tired of it. being doing it for 10 years and i believe there something better out in this world for me and that's one of the reasons i decide to give this community a try. i'm not that far behind on the real state me and my wife bought our first one and only home 9 years ago a multifamily home and we being leaving rent free. but now its getting old not knowing whats next and how to provide some freedom to spend more time with my family. i always like real state but never gave the proper effort to learn more about it and to stretch it to the max. so that's a little about me i'm sure i will meet a lot of awesome people here and i'm looking forward to it, anyone from new jersey i'm here if you like to go for a jog or grab a cup coffee.

If you don't have a lot to start with is it typical for them to ask you to come to closing with over $20k?

My career goals is to gain all the knowledge and expertise of what the real estate field have to offer!  

That is in the works right now.Since the investor is extremely busy and used to doing everything himself, I am working on gaining as much knowledge as I can on my own to invest myself as well as to create value for future JV's and partnerships.I found BiggerPockets from a friend at work who is in the process of flipping his first property.

A typical option fee would be $100 for 7 days.  

That typically is investors.

I would suggest to go to some Real Estate Investor meet up here in town to get a better insight into the current market and to gain a wealth of knowledge as well.

I don't plan on being an RE agent but the information that I gain will be worth it!

We both have great credit.In the mean time I have been active scrolling listings and making calls to gain experience and plugging away at the rental property calculator.Really looking forward to start networking and becoming an integral part of this community.Chris

Hotels typically have higher cap rates.