It's not incredibly active. It has peaks and low periods for usage. Not uncommon to go at least a couple of days without activity.

It's all about networking. JVs shouldn't be entered into hastily though. Doing a JV is like getting married. It's a big commitment and co-mingling of (a portion) of finances. Most of the people I know who have had successful JVs only do them with people they have known for a considerable amount of time. It's one thing to have a money lender…[Read more]

Well I do an interesting combination of the the two. I self-manage through my PM company. While I can control the over all flow of the policies of the company I like that there are people who manage my tenants for me leaving me out of it. Its a burden and a blessing. I can't change policy on a whim just for the sake of my portfolio but I also…[Read more]

Hi Ritch,
While I'm not Indiana I don't invest where I live. Though I do live in the state where I invest I make it a point to be at least 2 counties away from from whatever I buy. I do not want buy in a city I plan on living in. It's easier for me to be the hands off landlord (delegated to a PM) if there is distance between myself and my…[Read more]

Hi Leonard!
Welcome our group! Unfortunately, I'm not from Southern CA. 🙂

Survey done.

Welcome!

Welcome Deb! What type of investing do you do?

Hi Jessica,
Welcome! Glad to have you hear! Have you done deals or just getting started?

Welcome Renae! Glad to have you here with us! My best piece of advice is telling everyone you are interested in real estate (because opportunities come from unexpected places) and don't let any outsider talk you out of it.

There's a thread going with a list of people's favorite books. Check that out.

Nothing Down, I'm adding that one to the read list definetely.

@alexa-jones, hadn't hear of What Every Real Estate Investor Needs To Know About Cashflow. I'll have to check it out.

Awesome! Very exciting!

The best option to find buyers is networking locally at REAIs or through websites and FB groups (A lot of good groups exist!). If you aren't licensed be sure you know your state's laws regarding wholesaling. You don't want be caught breaking the statutes and face the fines from that.

If you are feeling you might make wholesaling one of your…[Read more]

Welcome Chase!

I think as a national trend the fed action will begin pushing prices back down as whole. With the interest rates increasing and millennials opting for long term renting rather buying prices will have to start coming down because those looking to buy for personal use is going gradually get smaller.

I love Millionaire Real Estate Investor like you mentioned. Tax Free Wealth by Tom Wheelwright is a good read. It's specialized book but I learned a lot about the tax code from it.

I think Rich Dad is a great entrepreneur book…but I wouldn't consider it a real estate book. For entrepreneur books I LOVED The One Thing by Gary Keller. I want…[Read more]

Hi Chaz,
I'm very intrigued by your story. I have a soft spot for old homes as all my rentals are from the Victorian or Edwardian era. I love restoring these old places and keeping them around for future generations. I'm so glad you had the opportunity to get involved and have your life changing moment.

Good luck on the rest of your journey!