I see plenty of future growth in these parts, and am eager to buy an old 2-flat or 3-flat (what the rest of the country calls a 2 or 3-plex).Everywhere I go in this neighborhood I see new condos springing up like concrete weeds, including several gargantuan buildings by the California train stop in an area that's mostly SFRs and small multis.My question is this: Is the influx of new construction a great sign for the rising prospects of the neighborhood or is it just creating competition for older buildings and rents?  

I've seen individuals jump right into investing by working with a mentor and essentially learning on the job.

Not only does this create a less fearful first contact environment for the seller, it also helps you qualify them before getting on the phone and best of all allows you to capture their phone number even if they don't leave a message.Although not directly related to finding the deals, I would add that in any highly competitive area speed and personal touch can make a huge difference.

I have little experience in R.E. investing other than purchasing homes to live in.My goal is to buy a rental home within the next year.I plan to re - invest my cash flow into my next buy.Eventually I would like to create a cash flow of at least $1000.a month.

I have found most are willing to work out some sort of deal, after all we are all just business minded individuals playing in the real estate space.

My idea is that the 5 of us would save individually and all pool our cash into a sizable deposit.

They won't be local to you but with Skype and scanners these days, it is more important you get an expert in real estate and someone you can call day or night with questions and who will work with you to create the best tax benefit for your individual situation.  

I think it's a matter of finding a property that I can move into as well in order to create a cheaper environment for me to live in and to utilize the experience I would gain being a property manager on site.

The strategy I've chosen as a start is wholesaling in order to create cash flow.

I created my account a while back, but never got to it.