I'd watch out for partnerships, as they say, the only ship that won't sail is a partnership.

Despite being a very nice guy I got the feeling he was looking down his nose a bit at me and my naiveté.This news took the wind out of my sails a bit.

Not sure as to how you can insulate yourself from this, but my partnerships allow one partner to buy the other out at a deep discount.As Dave Ramsey one said "A partnership is the only ship that doesn't sail."

It will be re-assigned to another broker/agent on their list.Listing residential REO ship sailed long ago.Many of my broker friends have stopped listing for banks and work on the buy side more as they pick up a bonus.On the REO side you get hit with BS certifications from asset companies wanting hundreds of dollars a year to be a MEMBER and POSSIBLY land a listing.When you do it's a POC (piece of crap) and you have to outlay a money with rekey and trashout,cash for keys etc. in some cases and wait for the money to be paid back to you.If you have a buyer for the property try to deal with FNMA.If you are just after a listing you need to go with a big reo brokerage already established and be a buyers broker.As local and regional banks have told me they get calls almost everyday from agents wanting to list their REO's.I am more valuable as I focus on the commercial side so they don't get as many of those specialized types.If you are the broker you can go to the local banks and offer to do it cheaper for volume and land business that way.Thanks

It wasn't all plain sailing I have had my share of headaches but if you stick at it long enough the capital appreciation will make you wealthy.

Not only the tallest (still tallest I believe), but buildings that actually look twisted (really don't know how they line those up correctly), another that looks like a sailboat, another that looks like a sail, another inverted etc.

I understand that you have savings, but things can happen to sail right through that.

You sail you know nothing about repairing a home so you're probably going to have to hire a contractor to do the majority of the work so getting some bids is the first step.

Very smooth sailing for me.

I've also been part of a sailing forum, a rotorcraft one, a bunch of tech forums, and one for new dads.