How Can I Learn the Industry While Making Money at the Same Time?

[Christopher Rogers]

Hi Everyone!

I was up late one night searching for lucrative ways to increase my real estate knowledge.  I found a ton of articles about BPOs.  But nothing specific (nor helpful) on how to enter the BPO market.  This seems like a great strategy.  I can learn the local market, and get paid a decent amount for the time spent on my analysis.  Can anyone point me in the right direction on how to get started?... And not only for BPOs, but any other way I can make a little money for my time and effort.  What attracted me to BPOs is I can work on them on on a somewhat flexible timeline (i.e. deliverable based).  If there is anything else out there that offers compensation without a restricted (i.e. 9-5) timeline for analysis, digitally filing paperwork, working through a database, etc. I am all ears... I'm an agent who is closing my 2nd transaction Friday (woo hoo), and would like to gain some momentum in my real estate career.  Any advise is appreciated.  

Thank you all in advance!

-Chris  

[Larry Turowski]

@Christopher Rogers I'm not an agent but what I know about BPOs are they are not very lucrative to agents.  Agents do them in hope of getting the listing.  I'd imagine you should just start making calls to banks and ask them.

That said, one of the things that drives me crazy about BPO agents from an investor point of view is that they are often green, like you, do not know the market and way over estimate the value of a house.  Part of that is because they don't go inside as it is not worth their time and they don't see that a house that looks passable on the outside is a complete wreck on the inside.