Hello from sunny Puerto Rico!

[Victor Chico]

Hi all!

I recently found this site and decided to join. I am an accidental real estate investor who wants to become a professional real estate investor.

I inherited a duplex when I was about 12 or 13 and rented it to a family member for a long time. That gave me a small side income, but not much experience. Later, I rented it again. When those tenants left, the property was a mess. I recently fixed it up and rented it under section 8.

In addition, I have inherited about 6 properties recently (thanks grandpa!) and they are rented under section 8.

Having had all this fall on me, I am know learning about being a landlord and about investing in new properties.

From what I have learned so far, my goals are to:

(1) Setup a robust property management system/process to manage my current properties;

(2) Learn about analyzing investment opportunities on properties I have seen or believe have potential. I want cash-flowing properties and I like the section 8 program. I am currently not interested in negative cash-flow hoping for equity gain.

(3) Learn about the best ways to invest with a partner (i.e., LLCs, Partnership agreement, whatever). I have a great friend with an engineering/construction background who wants to start investing too.

As to my background, I am a lawyer. My practice is criminal defense, but anticipating problems I am learning about landlord/tenant law and evictions.

Any help is appreciated!

[J. Martin]

Welcome Victor C . There are a lot of super helpful people and great advice on this site! I'm a "fix and hold" investor from the Bay Area in CA, and loving it! A lot of others doing flips, wholesaling, notes, everything.. A few tips..

You can tag people by typing @ before you type their name, then clicking their name when it pops up at the bottom of the message box. You can click on the "vote" button if you like someone's post or is helpful, and there are "awards" to earn on your profile. The "Learn" link across the top navigation bar has lots of great info, and most importantly, the BP members! Welcome to BP, and good luck on your investments!