What were the first 5 steps you took to get started on your real estate investing venture?

Hi all,I've been looking to invest in rental properties for a bit of time.  I am currently located in Illinois (Chicagoland).  I looked around this area, however the taxes here range from 5k-12k on typical home which ...

Just read an article on this and thought it would be interesting to share.  1. North and Northeast Auburn Gresham (Chicago IL)Zip code 606202. Washington Park (Chicago IL)Zip code 606373. Northeast of East Atherton an...

Oftentimes realtors will ask if I am already working with another agent.   Does this mean they won't work with me if I am?   I find working with one realtor very restrictive and slow.   Working with multiple realtors ...

HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...

I am scared…. I am scared because I am about to venture into the unknown where many people have been before some have succeeded some have failed. I am scared because a TV Guru said I can’t get rich really quick b...

http://www.bloomberg.com/news/articles/2015-03-10/new-orleans-is-auctioning-off-vacant-lots-onlineWhat do you think? Based on what I know about the town and local economy, I wouldn't be rushing at these vacant lots. N...

A little background..... I live in Brooklyn with my wife and 2 kids. We love real estate but find ourselves priced out of our local market. We own two out of state SFRs that we bought turnkey and they are performing w...

We have 20% down for 2 STRs and will self manage from Arizona. Where are you investing next? 

With prices back to pre-recession levels in many areas, and the lowest inventory in 50+ years, it certainly looks that way.