It would also be wise to educate yourself on what a good PM does and doesn't do, how they do it, what they charge and why, etc.My book, The DIY Landlord, will be out in December and can teach you how to select or supervise a property manager.

I am merely following your track record result and opinion also Ian.You are one of those that teaches me all risks involved in CRE and "passive investment".Literally, your analysis and opinion is showing how risky it is for example, to invest at crowdfunding sites. 

And, ironically, I got them to teach me all about this and how to not be a target going forward. 

The simplest thing to do (at the risk of sounding like I'm teaching how to cheat) is to check the "material participation" box when entering a K1 into your tax software.

Taking classes to learn how to be a real estate agent really just teaches you the laws and how to pass the test.

Kinda like a guru teaching something they’ve never done. 

You’re chasing the wrong people.You can’t just use a checklist like “tall grass” and assume that means someone is motivated.The sensible solution to foreclosure is indeed to sell, but the emotional response for someone in foreclosure is to find a way to keep their house, not sell it.And what are all the "experts" teaching?

Then follow up relentlessly until their problem is solved.That's the only training needed.But, you can't sell that for $2997, so the gurus don't teach it

I've seen and heard so much blindly bold and terrible strategy from people who have never done a deal, but just paid someone an ungodly amount of money to teach them a strategy that puts more money in the pocket of their "mentor."

wow love hearing thing's like that give me a newbie hope studying real estate for about a year now hopefully i can buy my first property soon thak you teachings me some thing today love to learn