I am always looking for other ways to continue investing and expanding/building my real-estate portfolio.

We visited the area and the builds are top notch.

Time is your biggest friend when it comes to building wealth.

Hi everyone, I got an offer too good to refuse on my house by a developer who plans to build 3 story apartments on the land.

High standards and ethical practices will build your reputation.Shifting your mindset to treating real estate investing as a serious business is fundamental to success.

I am a general contractor with 20 years of experience building new homes and renovating existing homes.

Let me here what you would do with the scenario.Purchase Price:40KRehab: 40KTotal Loan From Lender after Rehab: 80KARV: 130KFair Market Rent: 1,200 Mo.If this was your very first purchase, with a goal of wanting to scale, and build a portfolio based around LTR, and Fix and Flips.

One of your biggest challenges will be separating all the online fluff from reality.EXAMPLE: several S8 "gurus" have already been exposed as frauds, but unfortunately, they sucked in thousands of investors.You're an engineer, use your education & experience to start building up a logical approach to investing in rentals:)Start with this:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I am considering buying another rental in my name that will generate a loss but will help me build equity and reduce my taxes.

I would highly suggest bring a profesional with you, when you visit the property to inspect the fan.