I see there are a lot of Newbies to the Investment world on the Forum, so is it possible for some of you to really get transparent and share of your horror stories and set backs with us so we can get a better overview of what really happens in this industry. 

"If you want to become a millionaire in the airline industry, the then start out with a billion dollars and before long you'll be a millionaire."

In fact, New York City’s population and tourism industry have boomed since 2001.

You've figured out the 'why' portion, have a solid W2 job, some experience in the industry already with your folks and you're getting yourself educated.

There's a saying in the industry that 85-92% of the "developers" out there don't really know what they are doing. 

.- Properly / thoroughly screen the tenants, which increases the likelihood of a bad tenant and damagesNow, it can be done, but if you aren't even sure of what the industry costs are for PM services, I highly doubt you are currently skilled enough in the area to risk doing it.

The system of layering entities and giving them ownership of different assets is a great way to protect assets in industries where there is likely to be lawsuits or other "disturbances."

Hello all my name is Gage and I am new to this site and RE industry.

We will still see some markets exhibit price weakness and that will infect other collateral industries.

I have educated myself on wholesaling strictly through BP and Google as my only mentors as I don't expect anyone to mentor me in a cutthroat industry where duplicating your efforts only breeds competition.