I already knew the basics, but not the CRITICAL real world aspects of the business.

Thank you Charles, I will take your advise to heart and do more research on the wholesale aspect of RE.

I am interested in the tax aspect as well, because I want to offset loses against my w2 income.Can I record the deeds directly to land trust at closing?

I am new to real estate and got my first home - I am interested to further learning the real estate aspects, but real estate has been known for the following: flipping, rentalI do not want to do either, I am not a handy man and I do not want risk of not being able to pay for a mortgage because of the fact that there are no tenantsWhat are the other aspects of real estate that does not include the above or what are the alternatives do the above?

I would not markup a service or product that's already at market rate.Agree with the second paragraph, and it should be detailed as to what is and is not included, but really, management includes any and all aspects required to promote, maintain and maximize the profit for your client/principal in your agency relationship.The first paragraph is clearly not acting in the best interest of your client/principal or employer, the reason an owner hires a manager includes their knowledge, expertise and ability to maximize profits for the owner.

Don't discount the great knowledge of others from all over that will be able to help you too.Read the articles on the main blog, listen to the BP Podcasts and be active on the forums and you will get a great education in any aspect of real estate you are interested in.Good to see you already are hitting some of the local REIAs.

I'm looking to develop partnerships/relationships, attend meetups, anything I can do to learn from more experienced parties and individuals in regard to all aspects personal real estate investment.My wife and I are working diligently to establish real estate as a full time career over the next 3-5 years, and we greatly appreciate your time.

I was quite satisfied on all aspects of these terms.As for the balloon portion.

That should be a given for every aspect of investing from flips to rentals.

Welcome I know your learning now, but am interested in what aspect of REI fought your interest.