Of course, great rehabs, and firm management are the keys to making it these properties perform.If you really want to learn a city, these maps are great, but it's hard to get the real picture of ANY town, without seeing it for yourself.

□Have you considered “key person” life insurance for you and your co-investor to fund the purchase of the other’s interest in a buy-out following the death of the one of you and avoid a possible forced sale?

Haven't had to go all the way yet because the cash for keys agreement has done the trick for me.Cheers!

Just as a minor rule (and of course please check with your local laws and how it applies in this case).Everytime, i run into an issue with a tenant (regardless if it is minor or major one), i try to add a clause for it in the lease; so it it then mentionned in the lease they sign next time.I hope this tip helps some folks here.Best,Taoufik

The big key in commercial is the value add aspect... 

Hi all,I have been a real estate investor ( buy and hold for past 12 years) learn a lot from BP.I Speack perfect chinese and fluent in English, wondering if any opportunity to work with good reputation term key company that want to target on over sea chinese as well as first generation chinese who lives in City like New York and CA to buy turn key or high ROI property in OOS.In New York I see them buy one million dollars condos that’s rents out for 3-4k per month .

After reading numerous posts and blogs, it has become clear that having a mentor is a key to becoming successful in Real Estate investing. 

Any tips help fellow investors!

pretty simple this is a default  start the foreclosure process and cash for keys or Deed in lui is usually the best and fastest way out of it..

This would be an added bonus as I am more interested in the cash flow from rent.The current deal I am looking atBuilding type: 2-flat with finished basement and 2 car garage (garage is 6 years old).Neighborhood: North LawndaleListing Price: $150K with 2 car garage.Taxes: $3600 per year est.Building condition: turn key.