I'm Deena Townsend from Summerdale, AL, It has been a dream of mine to be a real estate investor, but have recently become passionate about real estate investing.

Again, market conditions were (still) different - good deals were oh so easy to get.In the following year, I finally learned about BP, and decided to become a real “real estate investor,” which (I thought) “required” me to expand beyond just doing buy-and-hold.

It will only make you more stressed and bring more negativity.Happy Real Estate Investing

Needed some guidance on the fees for this kind of real estate and whether the offered pref and LP/GP split actually makes sense or is it too high/low?

I found myself studying Rich Dad Poor Dad and knew that real estate was the journey I was meant to be on.

If the deal is "creative" and outside the traditional box of a real estate closing, they won't like it. 

I’m a Senior in highschool planning to go to college for Business management - real estate minor.

Don’t want to emulate that mistake in real estate by allowing myself to become too influenced by companies that are simply good marketing their own services but not great market prognosticators.

Hey @Laura Casner, I agree with others to use the local real estate and find out what others are paying.I would call an agent and give them some specs on the house you are planning and the location and they should be able to give you some decent idea of insurance cost.I would budget a bit more for repairs and maintenance for the first year after the build.

I'm Lisa Cervantes-Glynn from Denver passionate about real estate investing for over 15 years.