You can certainly find those deals, but the competition involves rich daddies buying property for their little angels, as well as 'investors' still betting on appreciation and willing to take on zero to negative cash flow.But I like my college rentals, and am closing on another today.

You'll make 10x the price on your first purchase.Thanks -Rich

She never wants to move, because this is not your typical section 8 house, and she can now live with the "RICH" people..So that worked out well so far. 2 months ago I purchaced another house via a REO..I got a good deal on it..Payed 80k and the house across the street sold last week for 128.Here is where it gets interresting..I helped a lady who is 36 w/7 kids move from not so nice an area, to this house, which is a fairly nice area.

This isn't a get-rich-quick business.

Only in guru fantasy land do people start broke and with bad credit and work only a few hours a week while they get rich!

I'm watching you get rich on oil while I spend $60 to fill my car.

Nouveau Riche is a joke.

In April the primary speaker was pitching an MLM, telling everyone how rich they were going to get, people were walking out and I was sure that this was the death knell for the club.At this point I was talking to another club member about the sad state of the affairs.

DON'T TRY TO GET RICH QUICK.Read, study, ask knowledgeable people, and ponder your future.

Adding to that the fact that it is closely monitored, keeping out the pie in the sky get rich quick people, greatly boosts the overall appeal.As a residential mortgage loan officer, I started out deciding I wanted to first get my broker license and also branch into commercial, eventually working into real estate investment as well.