I'm reading through The Ultimate Beginner's Guide now, but I still dont know the first thing about calculating my potential ROI and all the other fancy lingo that the pros use. 

To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.

If you have a busy 9-5 routine but have the money to get started and don't have enough time, turnkey companies provide some of the best resources to scale your portfolio.

Not to buy anything but to catch the high energy and motivation that they have that he says is very much helpful to get him out of just coasting.Being surrounded by every day people in the routine of life it gets to have a effect on us and that to put yourself around all that energy and go get it done energy really helps him.He has never bought any thing from them, it is the get out and do it mentality that he says is what keeps him growing.

Don't buy a fancy car, and have your eyes on your goal.4) Save money, make money.5) When you are not focusing on your job, focus on real estate (during your off time).6) when you are a bit settled in your job, start becoming a wholesaler.7) If you seriously can NOT stand wholesaling (like me)..

This will allow you to run specific underwriting and projection tools to better assess each option.Remember, owning a property with a pool comes with added expenses, such as heating, emergency and routine maintenance, and higher insurance costs.

The rental value should stay around the same rate as long as routine maintaince is done.

I went to library school but now it is called information studies or something fancy like that.

I live in Davis, CA, where my husband and I just bought our dream home in June 2014 after selling our first home in Berkeley, CA that we owned for just 2 years...we had put in 3.5% with an FHA loan and eloped instead paid for a fancy wedding (much to the disapproval of my mother-in-law).

Some people think this should not be called "investing", but rather "speculating", but others seem to be quite successful at it.On the other hand, there are parts of the country (midwest, rustbelt) where people routinely hit the 2% rule and therefore tend to cash-flow quite well.