I've watched your "getting started in real estate" video so often, I feel like I know you :-) J.

There's a guy on here who just proudly posted a video of his house he bought for 133,000 that he plans to rent for 1,300, not even a 1% property.

Get it occupied with a tenant and then once you've proven your concept and capacity to execute your plan, you are ready to talk to banks about what you are doing and how you want to scale it.Go to www.memphisinvest.com and give them your name and email address and you will get access to Chris Clothier's "How to prepare a bank book" video that will set you up for success when you walk in the door head and shoulders above others looking to do business with banks.

Here's a a quick video breakdown:

I've been researching what I should be looking for and how to do things, but I know that no level of reading books and watching videos can even come close to some real world experience.

Also, welcome back to the game :) It's great to see that you're having a good experience with your current rental and KNOW that you want to add more to the portfolio.You might find this video interesting for evaluating your future deals.How does this 50% measure up against your experience of expenses over the past 7 years with your rental?

Inside video:Outside video:

I forget who it was, but I watched a video--I wan't to see that I found it on YouTube--that showed someone that made a point of listing all of their properties on YouTube, mentioning where they were, and investor friendly details.

I also like an inspector to do things like crawl in the dirt crawl space when its 15*F outside and get me pictures and a good idea of whats hidden down there.Really, the main reason I constantly use my inspector is because for $100 he video scopes the sewer mains.

Check out:How I turned $1000 into Five Million in Real Estate in My Spare TimeBy William NickersonI did a video on his investment technique:http://youtu.be/EzxrxiSFx50