I began with studying real estate investing in 1991. I started by buying an overpriced product from one of the gurus and I read every bit of it. For the next 16 years I read about real estate with the intention of becoming an investor. I was in a state of analysis paralysis and could not seem to make the leap from want-to-be to investor. Finally, in late 2007 I jumped in, at the urging of a wholesaler, and bought my first house. In the next four years I bought a total of 13 properties.
Over time, I have developer forumlas and tips for investing. This is an excellent formula for rentals, and this works for almost any type of real estate investment pricing. I have also learning tips, such has what rent range is better for an investment property.
Up to this point, I have only purchased rental houses and I act as the property manager. Now I am about to expand my real estate investing to include other investment strategies and new tactics for finding leads. I work a full-time job and do all of this in my spare time. Read along with me and you can learn from my mistakes – I am sure to make a plenty.
It takes time to ramp up the leads and get deals working. Therefore, I will start off with historical artifacts – that is the specifics of every investment property I have already purchased. I now have 13 houses, and I will give all the numbers for each house. I will show what I paid for the houses, the lessons I have learned, and how I handle the tenants. I will detail my bad experiences and discuss the mistakes I have made. I will be posting frequently, as I the progress of my new strategies I will al post the information on my past deals. If you are looking to purchase investment real estate you can learn a lot from my mistakes.
As I move forward with my new strategies I will discuss my experiences. I will not hold anything back and will cover all the financial details of every deal. I will explain my marketing plans and document how successful they are. I am not here to teach my new approach, I will be learning as I go and you can learn with me – without risking your capital.
Feel free to ask questions or to critique any of my decisions. You can even critique my grammar. I look forward to sharing my experiences and receiving feedback. Hopefully, we can all learn something from this discussion.
Please leave a comment below. Let me know how you found this site. If you found it from a web serach, what did you search for? I will use this to optimized traffic and increase the people who read the site.