All Forum Posts by: Linval T.

@Johnny Khoury

 - Yes, as I always say you have to manage from your head and not your heart. If you have a mortgage, you can't tell the lender that your tenant hasn't paid because of the reasons outlined.

You need to start the eviction process sooner rather than later and stop digging yourself deeper into financial loss.

@Denise Warner

Welcome to the BP community. Ok, now that you have taken your initial step, below are some quick links to get engaged.

• http://www.biggerpockets.com/starthere
• http://www.biggerpockets.com/ubg
• http://www.biggerpockets.com/meet
• Setting up Keyword Alerts
• How to Use @Mentions on BiggerPockets
• 25 Tips for Real Estate Success

REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.

http://www.realestate.com/advice/buying-your-first-investment-property/

However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

@Leonard L.

 - Welcome to the BP community. You have illustrated your ability to devise a plan and have taken action in joining us. 

However, as you are aware, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

@James Wise - Congratulations on your 7,000th post. I am sure some of them are 

thought provoking and memorable.

You shared a brilliant resume as a student and graduate of the BP community/university!

Your posts have been valuable and the podcast is interesting as well as educational.

Yes, we look forward to your 10,000th and wish you the best in your continued success 

that's  wholly attributable to BP.

@Leonard L.

 - Welcome to the BP community. You have illustrated your ability to devise a plan and have taken action in joining us. 

However, as you are aware, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

@Eugene C.- It's a good story to tell! It showed that your patience in taking the time to learn the business from the ground up and then taking action to grab your first deal.

Your knowledge helped to build confidence, even though you were told NO several times, there was a latent feeling that everyone else was wrong.

You believed in yourself and the teachings accumulated over the months/years.

Congrats on your accomplishment and thanks for sharing the details. I am sure someone will take something away from this message.....frankly, I have. 

@Mentor Hashani

Welcome to BiggerPockets, a place to interact with a vibrant REI group, learn the real estate business and language at near zero cost. It doesn't matter if you are young or old, totally new or need to build upon your experience.

Yes, you have just announced a commitment to the thousands in this community about

your seriousness regarding REI and have taken this bold step to affirm it.

Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.

You are here at the Forum, but, should raise your mouse to the top and explore the other

headings displayed.

Don't get overwhelmed by the massive amount of data archived on this site.

Simply, bone up on the areas that you need to expand knowledge in such as, Forums,

Marketplace, Learn, Network, Analyze, Resources.

Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of book

recommendations.

Also, you can review the quick links below to help solidify your grip on this site.

• http://www.biggerpockets.com/starthere
• http://www.biggerpockets.com/ubg
• http://www.biggerpockets.com/meet
• Setting up Keyword Alerts
• How to Use @Mentions on BiggerPockets
• 25 Tips for Real Estate Success

After becoming more knowledgeable and confident because of my above suggestions, take action to snag your first real estate investment deal if new or add to your existing holdings if you have prior experience.

Don't get caught up in analysis paralysis.

You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.

Take calculated risks if needed and you shall be rewarded!

"Each step you take reveals a new horizon. You have taken the first step today. Now, I challenge you to take another." - Dan Poynter

Lastly, don't forget that we are here to help and likewise learn from your contributions. Good luck and happy investing, again, welcome aboard! 

@Edgar A.- Welcome aboard to the BP community. You already have some tools in your toolbox....no pun intended. Now, you simply have to work on the other elements to progress your REI pursuit.

Ok, now that you have taken your initial step, below are some quick links to get engaged.

• http://www.biggerpockets.com/starthere
• http://www.biggerpockets.com/ubg
• http://www.biggerpockets.com/meet
• Setting up Keyword Alerts
• How to Use @Mentions on BiggerPockets
• 25 Tips for Real Estate Success

However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

@Anthony Belser

You might want to think of adding other REI areas, like wholesaling, rentals/buy and hold to your portfolio down the road and not being flipper centric.

Welcome to BiggerPockets, a place to interact with a vibrant REI group, learn the real estate business and language at near zero cost. It doesn't matter if you are young or old, totally new or need to build upon your experience.

Yes, you have just announced a commitment to the thousands in this community about

your seriousness regarding REI and have taken this bold step to affirm it.

Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.

You are here at the Forum, but, should raise your mouse to the top and explore the other

headings displayed.

Don't get overwhelmed by the massive amount of data archived on this site.

Simply, bone up on the areas that you need to expand knowledge in such as, Forums,

Marketplace, Learn, Network, Analyze, Resources.

Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of book

recommendations.

Also, you can review the quick links below to help solidify your grip on this site.

• http://www.biggerpockets.com/starthere
• http://www.biggerpockets.com/ubg
• http://www.biggerpockets.com/meet
• Setting up Keyword Alerts
• How to Use @Mentions on BiggerPockets
• 25 Tips for Real Estate Success

After becoming more knowledgeable and confident because of my above suggestions, take action to snag your first real estate investment deal if new or add to your existing holdings if you have prior experience.

Don't get caught up in analysis paralysis.

You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.

Take calculated risks if needed and you shall be rewarded!

"Each step you take reveals a new horizon. You have taken the first step today. Now, I challenge you to take another." - Dan Poynter

Lastly, don't forget that we are here to help and likewise learn from your contributions. Good luck and happy investing, again, welcome aboard! 

@Brandon Crumpton

 - Great question and @John Thedford summed it up nicely.

Yes, it's a double edged sword that enables you to take massive leaps forward and risks or can be utilized to the point where you overextend yourself and then being unable to sleep well at nights.

Use leverage wisely and you will benefit from it's advantages positively.