The worst thing you can do as an investor, IMO, is to buy bad deals because you believe you need something now or because you think there's nothing else out there.I hope that helps.Welcome to the site and congrats on that first profitable deal.

so im new to this site as well as to the investing game. i currently own a property which is rented by my property manger ( my real estate agent). im earning a positive cash flow since it was purchase paid in full no mortgage.

A formal introduction would be appropriate before posting on the threads and PMing some of experienced and helpful investors on this site so here goes!

Thanks for joining the site, Josh Rich!

I have looked on sites like Trulia and Craigslist but I have a feeling that isn't the best way to find the houses that I'm looking for, right?

(2) But counterpoint to (1), I've read (on this web site, no less) that a responsible investor tries to paint as complete a picture as he can during his pro forma, therefore it is prudent to include the costs of the PM.Please note: I live abroad and have for a few years.

Sam Craven what kind of sites are you using for lead generation that gets you around $.07 a name?

I have been in commercial real estate for 12 years as an owner/manager and found the site as I was looking for a potential PA foreclosure to purchase for myself.

I'm new and am just familiarizing myself with the site.

Welcome Nick Pittari get ready to be blown away by the content this site has to offerI'm in Irving working the wholesale strategy.