Now this article was to steer people away from the 30k houses in the rust belt.

BP,I've currently got two deals under my belt both performing close to my analysis.

Once you have a few courses under your belt, start calling on local appraisers in your market to gauge their interest about taking you on as a trainee.

If I had a couple houses under my belt, this conversation would be totally different.Key is, all of my sellers know what I do, all of my buyers know that I don't mark up the price ridiculously so I can make my money, so they literally pay a small fee so they can make their money.I've never had a scenario where I've had to close on a house with my own money because I couldn't find a buyer, but if that day ever comes I know I'll be prepared for it.

Commercial loans are typically not for new investors, so you may need a few properties and a few years under your belt before the banks will work with you. ” BS Neal Johnson used to be with Everbank and now at USBank.

Especially for a newbie (I’m one myself, currently in the process of buying my first investment property), I think it’s worth paying someone commission to be sure that the paperwork is done correctly, you’re not being mislead, etc. in the beginning until you get a few deals under your belt and learn the tricks of the trade.

When looking for a subcontractor that provided services heavy on equipment I asked how many trucks, plows, loaders and snow blowers they had.

Is the A-D (and sometimes F) system in common use for grading neighborhoods the best possible system for those interested in investing in low-income, high-yield areas, especially in Rust Belt and East Coast cities?

Got a few people from CA looking to do the same thing here in KC, I live in KCMO area in the northland, I am relatively newer and just have one deal under my belt so more willing than some more experienced people to listen and possibly help.Also I would go for it.

We have extensive remodeling experience with dozens of kitchens and bathrooms under our belts.