How to invest in Real Estate
How I did it: I bought a building lot in AR, and also 5 acres in Colorado, through a friend, and through a company who carried a note. Turns out, that while long term investing might be good for some people, it was not good for me. I had no extra money because of these payments and then when the economy crashed recently, it became clear that I needed to unload it. The Alamosa acreage is for sale on Craig's list, and I got rid of the other, at a loss, but it freed up my cash flow, so it was worth it.
Lessons & tips: I should have just enjoyed the money and worked on my credit score instead.

