And is there enough room for a nice profit and to get my feet wet.

Either way, the hoa can and will make your life miserable until you cough up those dues they say they are owed.And even if this board approves a reduction, the next board may not.

We will then hire a proper management company to take care of the day to day issues after we purchase a building.What we need from you guys is an opinion or advice for a couple about to get their feet wet, and then go on vacation for 6 months soon after.

stream,set your mind to something and stick with it whatever you do.if you don't, you'll start posting about every new thing you learn and never do any actual re investing.many people discuss wholesaling to start out, sort of "get the feet wet" approach because it's "low risk", meaning, you're not actually buying the real estate. you're contracting to buy it and then "wholesale" it to another investor/buyer.short sales, from what little i know, are not easy - but then again, not much in this world is.stick to your guns, keep forging ahead soldier!!

We have decided to get our feet wet, we will purchace 2 already rented properties with tenants that with to stay for quick cash flow.

In the area we lived, winters were cold and wet.

I am OK taking a little less cashflow on my first, just to get my feet wet and learn the game, however if it becomes an option, I think I would prefer to get into MFH, but I understand those are even harder to get your hands on here in Louisville.

If they don’t cough up the first’s month rent I take the holding fee and find a new tenant.

Most people will say your better spending $50k on buying a property than you are on training.Once you get your feet wet then you can decide if you want to bring in someone to train you personally based on your needs since we all have strengths and weaknesses.

I am new to real estate investing and hoping to get my feet wet with my first deal sometime in 2018.