If you read and absorb Nickerson's book, Jack Cummings commercial real estate books and Jim Napiers classic "Investing in Debt" you will be far ahead of everybody who are reading the latest "fantasy" books by the newest real estate "mentor"

Set the strike price at a reasonable level and not some coked-up, fantasy-world level that some guru told you about in their training material.

As a rehab specialist he understands that the reality of the business is very different from the fantasy of the numerous "flip and grow rich" TV shows.

Since you've been in this business for a while, you realize that the gurus aren't selling education, they're selling dreams and fantasies to people who want to get rich quick and without any work!

Those that were following some of the ridiculous "guru" programs will be in trouble, as their "niche" will have been lost.As I've said many times before, when the bubble burst, so did the fantasy of all this "CREATIVE" guru nonsense crap.

I'd focus on other parts of real estate than the Bulk REO fantasy land.

If you’re talking about the newbie’s fantasy of finding a deal you can buy with absolutely nothing out of pocket and turn around and sell it for a huge profit – ZERO.If you mean a purchase that didn’t require a down payment or significant cash outlay – two.One was a purchase from an estate for rehab and flip.

But, I understand the fun of discussing the fantasy.

This is fantasy land anyhow.

That was more a trip down a fantasy "maybe" land than reality.