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Old 11-13-2006, 08:16 PM   #1 (permalink)
Dave Kaminski
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Location: Toronto, ON
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Default Real Estate investing - systems for determining profitablilty?

Hey guys,

I was just working on my 5 year goals, and one of them is to own six profitable four unit apartment buildings. In Massachusetts, anything more than four units is considered commercial and I don't think I'm ready to deal with those regulations.

Anywho, I'm thumbing through the books I've bought on real estate investing, trying to put together a system with which I can evaluate the listings I come across in terms of profitablilty. I need a process I can fit in to my day to day schedule to see what's available in my area and what I should look into further. I don't want to get-rich-quick, I want to find a handfull of good investments over a five year period and place them securely in my portfolio.

Is anyone here a real estate investor? Do you own any properties, or have any tips on how to evaluate said apartment buildings? I'd really love your help, and you'd be doing me and everyone else who reads this forum a great favor. I'm asking some of my clients who are hands on as well.

Thanks guys!
Dave
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Dave Kaminski
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