Rent: 60000 /year NOI: 30000 / year (50% Expenses) Cashflow: 1200 / year Leaves: 28800 / year for mort => Max price ~ 360700 (30 year @ 7%)My feeling tells me to buy 15 number 1 properties to enjoy 1500 / cashflow :-) / relate this somehow to my investment.

If they aren't family or "very close family friends" registration is required.Be very careful, there is a lot of really bad information out there relating to registration requirements.

Very little of the maintenance/rehab that I do has to do with the age of the building or appliances.

The "calls in the night" I always got in the insurance business were leak related and invariably they were emergencies because water was going into living space.

Hi Colin,I wish I would have started when I was your age.

I'm a relative RE beginner, and I have no interest or time to organize the meetings, but would be happy to participate.M

I was kind of surprised to see that prior to Peter's comment there was very little information posted here with relation to Content Management Systems (CMSs).A CMS would be a great alternative for you if you want to create a website without wanting to learn any coding languages.

I am focusing on wholesaling in that I want to generate some relatively quick cash to be able to quit my job and invest full time.

Bigger bldgs and age of buildings dictate whether you need more maintenance, an on-site Super etc.

From knowing the multi-family market units in North Jersey bldgs are selling for $60-80K per unit depending on age and condition.