(Bloomberg) -- Real estate investors could be in for a shock if interest rates rise or demand in some markets continues to fall because “amateurs” are plowing money in at high prices, betting on rent increases that may not continue, said Tom Barrack, the billionaire chairman of Colony Capital Inc.

Thus I was led back to my roots, but let me explain.My family used to deal in real estate on a relatively amateur level.

Information is very important - asking the right questions and knowing how to respond to responses will mark you as a rank amateur or professional who knows what to do and how to get the the bottom line quickly and close a deal.

However, given the current market (at least my amateur understanding of it) it seems that some MLS listings are difficult to make my numbers work unless I adjust my numbers slightly towards maybe 5% property management costs, with the assumption that I would be managing the property.So I'm curious what metrics other investors are using when analyzing a property.  

I am a 20 year business owner and an amateur Realestate investor. 

I figure if I can average buying 2-3, do the necessary remodel work (ceramic wood-look floors, white semi-g-gloss walls..basically renter-proof the house) and hold it long term that in 10-15 years I'll be paid off and have great cash flow to retire on.My amateur thoughts are and keep in mind this is my limited guess on the oklahoma marketplace is:buy house 60-80K. invest 0-15K remodeling and simplifying the home.

Professional, and amateur squatters, or drug addicts, is what most of them are.

Ok so lets be realistic, obviously new investors or amateurs aren't going to be able to get professional investors to give a majority profit on new ventures , but what is the best way to start a partnership percentage speaking?

I don't charge an application fee, have applicants provide their own credit reports and do my own amateur background investigation, then meet applicants to show the property. 

Rentals have been a hot market with tons of amateurs and major investors jumping on board.