We always asked for the application to list ten years of previous addresses but when the checks are complete we pretty much know everywhere they have lived since they turned 18.Also, always, talk to the former landlords and ask the applicant to provide proof they actually paid that landlord - cancelled check, money order receipt, cash receipt from the landlord, etc.

I had 2 arrangements a few years back with myself and 2 other partners.In 1999, Partner A (Mom), Partner B (Dad) and Partner C (Me), purchased a condo while I was in college as an investment (let my friends pay the mortgage, that's what good friends do).

I actually ran into the previous owner this weekend and asked him about the holes.

I took 90 hours of education over the course of 4 months as a college elective and now i'm taking appraiser, financial planning courses and plan to get my broker's license in 3 years due to the experience requirement in Arizona.If your state has higher real estate license requirements I recommend going that way as an agent should know the basics of all real estate aspects.As an agent you can also have the foundation to earn a Certified Commercial Investment Member certificate.

Here is my track record over 4 years. 2 properties bought in Cook, lost money on both. 25 bought in other Chicagoland counties, lost money on 1 and one other was not confirmed by the court (see previous thread).

My wife and I have always maxed our 401k contribution since day 1 of working after college ;)My plan in the next 10 yrs is to have 1 million in stock savings (401k, IRAs) and 1 million in RE net worth.Lately I have been researching new businesses I can startup and sell off.

Can you work in RE with bad credit, yes, but it is more difficult and it will limit your opportunities in many aspects of trying to do business.Are you good with people, can you approach a college professor and speak to him and gain his trust in what you are saying or do you have difficulties and only work orcommunicate well with just certain people, then do those certain peopleneed a property or own property to sell?

Morris I sent you a college request.

I ended up offering $620,000 and he said he will think about it but did not seem disgusted with the offer so I'm starting to think I offered too much.The property right now is collecting rent of $7,100/month and he uses the commercial unit and also one of the studio's for storage so that would be approx another $1900/month in rent.

.-2011 graduate of Grove City College (BS in entrepreneurship)-Previously worked at a private equity firm-Passionate about startups and hope to start a business in the future-Enjoy brewing beer with friends and reading non-fiction booksAnyone else out there from Pgh?