Don't day trade real estate. 

I was just wondering if people are willing to share their level or education or what kind of full time job (if not real estate) that they have and their level of success with real estate. of course if you make a lot more money, its easily to play with properties, but I want to hear about the 30 year old plumbers who own and manage 30 properties on the side, etc.Personally I just graduated Washington University in St.Louis with a dual major in finance and accounting and now I'm working at wells fargo as a trader.

I am an active trader and I know what fees and transaction costs do to your profits.

@Vincent SottileOnly thing affordable in NYC are Coops, for ex in Riverdale next to Manhattan you can get a 1Br in 180k range or studio under 150k range in a 24 hour doorman building.

Been investing in Forex and the like for a couple years now.

I am an investor, not a trader.

I used to be a stock options trader and a semi-professional Blackjack gambler, so I know the importance of money management and determining your exit points before you even enter the investment.Build a system, back test it, use it and refine it. 

It is almost like day traders vs swing traders vs value investors.

If you had insider information, you could make a killing on stocks, but that's obviously illegal.There are no insider trader laws in real estate though, so 'picking' places likely to appreciate above what is 'generally' expected is possible.

However, as long as you can provide them with an IBAN or SWIFT code for your bank and the necessary routing information for your branch and account, there should be little problem.Another way which is easier and most often cheaper is to use Paypal - provided the candidate lives in a country where s/he has access to Paypal.You can also use Western Union, but it has been the centre of so many international scams over the years that it may not be viewed as trustworthy by the candidate.There are also several ForEx services on-line these days, some of which will wire money for far less than a bank.