Your local REI club is a great place to find local ones.As for future exit strategies, if $6,000 is the only capital you have then I would focus on ways to build more capital

And remember, your REIs should hold or grow in value, if for some reason in the future you NEEDED a degree, you could sell some property and pay for schooling.

Convince myself to let go of the hard-earned cash (love to see it in the bank) and take a risk that could turn into a nice future (or not - darn it!)

The former registered an average rate of 6.27% in the past week whereas the latter increased by two base points, closing at 6.11%.Contrary to gloomy forecasts for housing and construction industries, recent trends have indicated a more positive outcome.

You seem to be operating on the premise that the bubble environment of the past few years will continue into the future.

lot going on in this post.first, no way will you get a 5.5% on a non occupied investment property.(2) you *may* end up with positive net income on the property without having the mortgage writeoff - this means a visit from the tax man. as an investor, the "write offs" or tax deductions you will receive, if your business entity is structured correctly and your CPA knows what he/she is doing and you keep tabs on it, will far exceed any write offs you will earn anywhere else...look at it this way...IF...you HELOC...taking 100k out of your property...now you've got 100k to invest in an reo or other distressed property - CASH...real estate is about leverage...but with the CASH purchase, it frees you up to do many different things down the road...IF...you "buy right" (below market value > 30%) - combined with the CASH purchase, you'll create a return on your investment that is EXCELLENT.if you took an arbitrary 100k (from anywhere, say it grew on a tree) and you stuck it in a savings account earning 5% (which is a lot for a savings account)...compare that to the 20% return you'll get off the monthly cash flow from a good rental...not to mention depreciation..and future leverage options available to you through this investment...the returns just compound.now this all deserves a qualifier...we don't know the specifics of your current home, your finances, what you owe on it currently, other debts etc.all that must be taken into account.

I've read books that say....be a straight shooter with everyone you deal with in REI since it's those relationships that will make your future deals even more successful.

Hi,

The year began with mortgage rates continuing to register a slight increase. The average for 30-year fixed rate mortgage increased by two basis points closing at 6.29% whereas the increase for hybrid 5/1 adjustab...

Another thing that contributes to future success are the people around you.

As for the leases, you can't predict the future.