For some good commercial agent feedback, go talk to folks with CCIM and other designations who will be a better barometer of the industry than those who tried and failed.

My name is Kyle, I live in Burlington, Vermont and am looking to get into the real estate industry!

If your target was a 10 cap but the inspector said a new roof was needed now for 8,000 you would go 86,940 purchase - immediate capex (8,000) = 78,940 offer priceMost investors shoot for about 100 minimum a door clear after anticipated costs and debt service per month.Remember the costs average out to 50% but some years you will use more and some less but it will average over time close to this.Big ticket items you need to build a cost reserve stable of when those items will reach past the life expectancy and plan accordingly.If you look at the BP file vault on here there is some free stuff and I believe a cost reserve stable in excel example is on here somewhere.

The college student (corp world) is the route I took and allowed me to be successful in my industry, however I dd it because I thought that was my only option.

The CCIM training is absolutely the best most sophisticated training in the industry.

Over the past 5 years I have seen industry & population growth in Columbus explode, and effectively it has raised our housing prices.I started investing in Columbus OH about 3 years ago, with an FHA loan.

I make it a point of showing them how they work, and they're blown away--mostly because the average landlord doesn't install them.I think that little add-in helped show the prospective tenants that I'm not a slumlord and that they're really getting a good value and a solid home, and that I care about my tenants.

Each has its advantages but most average investors don't necessarily need all the complexity of LLC/Corporation IRAs to accomplish their goals.

You're money did a bit of the work, but most of the profit was probably through not charging for your labor.Year 2, you gained more knowledge in the industry and got a raise on your time and earned a good ROI.At the end of year 3, the amount you can earn on your labor stops growing so quickly, so it is very hard to double 500k.

Basically, he is apart of a hedge fund who has a 10 year history of producing 15% average returns in managed futures.