I’d recommend buying a single or multi (2-5) tenant building out of state to get your feet wet in the sector.

Lastly, the BP conference is going to have quite a bit of material about the Multi-family sector.

Good thread -- I've heard that Residential real estate construction is a sector that has changed the least in 100 years so I was intrigued by this development.

I have recently changed careers from the healthcare sector now to real estate investing.

I was personally told by Chris Schaefer that they were investing with the private sector for 3 years.

The fund is focused on investments in the Infrastructure & related services, Real Estate, Telecoms & Technology and the Oil & Gas sectors.

Note the ever increasing newbie introductions on this website.Another word of caution: Houston lives or dies by the energy sector.

But we're still relying on third party services to book anything more than an airplane ticket, hotel stay, or car rental.We're in a service based economy, primarily driven by the growth in the financial sector.  

And with the advent of the internet and sites like BP and the Real Estate education sector (guru's)  and Reality TV shows on flipping and foreclosures and everything in between... there are many more being introduced to the industry..

The other concern for me, historically low cap rates means buying high and selling low, say 10 years from now.Seems cap rates have fluctuated around 2% over the last 30 years, not a whole lot, but buy @5 cap and sell @ 7cap and you just gave away a ton of "cash flow"Anyone else see a correlation,... the housing boom was caused by cheap money(loans to anyone who could fog a mirror)The multi boom also supported by cheap money (artificially low interest rates) and the lack of returns in all other sectors.