It is great having someone with your background here to participate in the community and I hope that you'll become an active member of the forums.

I believe in helping others, and I will enjoy networking with others here while I re-assess my career options and explore the possibilities.

The most important tool for this activity is your business card, which you should have several copies of available at all times when other people might be around.

Investors see activity, so they jump in not wanting to miss the boom.

I wouldn't even know which war story to start with.Where can I see listings of active local REIA meetings?

So you're pretty much saying that it's not something that is actively perused.

Disaster waiting to happen.At a MINIMUM, have an active, experienced, REAL ESTATE attorney prepare/review your docs.

Originally posted by "MikeOH":If you own a lot of rentals or even a few over time, your numbers will trend toward the average.First, I absolutely agree that the 50% rule is a valuable tool for doing an initial assessment of a deal...But, that said, the statement above is just plain incorrect.Mike - You'd probably agree that across the hundreds of thousands of SFH investments across the U.S., the average purchase price for those properties is around market value for their location (in fact, you'd probably agree with this almost by definition).

If you want to get plugged in, being aroudn those that are active is the only way to go.

This is my first post and I look forward to be active in this community.