So, with this train of thought, I consider scalability and product (or deal flow) just as often and just as importantly as I consider capital.

There are certain things you want a licensed, properly trained, and insured person to handle.

They are a gigantic hindrance to me buying a house right now, as they might be to you.Do some research on front and back end debt to income ratios and decide for yourself if its even a bother.My train of thought is: Buy a property that gives good cash on cash returns.

I do know there seem to be lots of training classes taking place around the idea of investing in notes.

They provide no shelter, job training, counseling or anything else that would discourage them from continuing on their current path.

(assume around a $300 +/- a month in expenses for taxes, insurance, maintenance, vacancy)You can then slide this based upon your cost basis, and rental rate of the area.If you use leverage, then of course the returns just move higher.This assumes that you have rehabbed the property replacing outdated systems (cuts on maintenance costs) and that you know how to manage it well on the marketing and tenant training side.

I was one of those person who was about to spend $25000 for a mentor and training from Fortune Builder.

In fact, it was the beginner guide that prompted me to right this introduction.I recently took a wholesale training course with RichDad Education that taught me alot about beginning my investment career but after reading a few articles about starting out I've decided to work as a real estate agent first.I'm interested in buying small multifamily homes in Oakland County since that's where I'll soon be working.

She's also interested in a place in South Bushwick near the Central Avenue M train stop.Any info on these areas or any advice/suggestions would be greatly appreciated!

I've invested many, many thousands in my own training and don't believe a money-making education ought to be free, however there are lots of dream merchants who can tell you all you'd ever want to know about credit card merchant accounts but NOT about a deal they've done in the last six months.