My thanks to the Bigger Pockets family; I sold my weak cash flow condo in So Cal and bought an office building in Cordova (Memphis), only $485,000 and gross rents of $78,000 per year.

While technically I could hire the salesman I bought my car from to help me buy an airplane, I obviously wouldn't.

I'm trying to answer the question "I bought my first property, now what?".

I just went to a mortgage calculator and if you bought the house for $60k and got a loan at 5% interest, amortized over 30 years, your payment would be $322 a month.

I bought a Loan signing course in October 2017.

I did this for years as a licensed broker in CA.. basically that's all I did.I did not enter into an agency with the seller I bought the property from the sellerI disclosed I was an agent and buying for profit or loss... 

I bought a list of 250 potential sellers.

I use Legacy Property Management and Dick Rosen He is a great PM and has done a great job with my property since I bought it.

These guys bought up portfolios a few years back, by and large with 1031 moneys, waited for the cap rates to compress, and now they are unloading. 

The duplex we bought had one of the units occupied by a woman and her son and they had been there for a couple years.