Of this money 5,600 was out of my own pocket for the down payment.

I do in fact have this list and have since built relationships with 30 asset managers & I'm trying to do bulk pools.I'm now using these contacts to list REO's 4 my office.I'm considering different ways everyone here at bigger pockets can benifit from this without jepordizing my relationships or creating too much competition for myself.What do you suggest?

Because you still have money flowing out of your pocket (taxes, insurance, maintenance, utilities, etc.)Over time, you may build up equity from appreciation and upon sale, could cash out.

I've been considering spending my time next semester and next year doing some sort of investing and building up some assets rather than getting a job and putting money in someone else's pocket.

Thanks to all the morons who must have "deep" pockets, we now have to pay billions for a high speed rail system that will probably never be completed and do nothing for traffic congestion!

The last time I heard Bruce Norris speak, he said he purchased 6 houses the previous month, did nothing but paint/carpet and immediately sold them at new value and pocketed his profit.

Since you're new and you haven't had time to build up a capital expense fund (that $50 out of your operating expense), you need to come out of your own pocket to the tune of $1,550 to pay for the furnace.

Maytag or other vendors will lease the equipment to you for no out of pocket.

Hello Eddie and welcome to Bigger Pockets.

I'm new to Bigger Pockets so I completely missed the date of the original post.