The first deal is the biggest problem because it's phycological barrier that you have to get past.

I'm sure Amarillo & Springfield each have their challenges but come to the D and do it dodging bullets!!

But instead of destroying my business, by overcoming and working through those extremely challenging and financially risky situations, my business was catapulted to a whole new level in a relatively short amount of time.

He bought from me for $180K and still had some equity in it according the appraisals we had done.Now 3 and 4 units is usually about as close as I get to the residential investing (I just don't care for SFR), but I know a few guys who regularly see similar numbers on their deals and they swear by SFR investing.The biggest key to being successful down here is that you really have to stay on top of the deals as they come on the market because the really good stuff is usually gone within a few days.Originally posted by "reloaded":Please post some of the deals...ie pricing etc.

The biggest cost advantage now is using digital print technology on any short runs (1000 pieces or less).

The biggest stopped I've run into, is people don't want to tie up the property.

numbers are easy (once you truly understand them). in my experience, it's the information-gathering that is a big challenge.

Lot's of people talk, few do.I would suggest that you find out what REIA groups (Real Estate Investment Groups or Associations) are in your area and join the biggest one.

The biggest mistakes new investors make is purchasing a property for too much.

It sounds like it offers the biggest ROI in the shortest time frame, and if you were to continue to reinvest the profits over and over again into more and more and larger and larger condo conversions that you could do extremely well as opposed to just holding.