I know I want to start investing in real estate, but I feel I need guidance on how to get started (find a coach). Can anyone suggest someone (an individual or a program)?
Thanks
Mike
How Can I Learn How To Start In Real Estate Investing?
Posted January 17th 2010 at 5:25 pm by Admin
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since each state has different laws and taxes, you did not say where.
i bought some apartments in pennsylvania years ago, very good return
and the write off each year is amazing. thing is, i have them very close to where i live so i can keep an eye on the maintenance and upkeep. i’m not a slum lord nor do i want to be.
i had a rental house in florida, but it was too much of a pain. when it was rented it was profitable but you need to count on Realtors to rent it and they never keep an eye on it after they get their 2 months.
no matter how bad the economy got, people still needed places to rent especially when they could not afford to buy. i am one of the few landlord that allow pets. sometimes that bites me in the butt, but in general people who would rather move than give up their pet, seem to be more responsible. my 6 apartments have been rented by the same people for the last 5 years…when i have a good tenant, i tend to lower their rent a few dollars, everyone is happy.
good luck…whatever you put your money in, keep an eye on it yourself.