I am going to venture off into a full time business here and this venture may heavily involve OPM to get off the ground.

Why property and not another venture, well, small business owners will give you a different answer than day traders, who will likely give you a different reasnoning than those on BP who have chosen to pursue RE.Maybe we all just grew up playing Monopoly.

If, after extensive review, this is a risky venture for only a few more dollars per hour, then I'm better off spending my time getting more clients in my existing consulting side business.I will continue to read many posts on this forum over the next few years, in preparation for the big decision.Again, thank you for everything.

Good luck in your real estate venture.

As you gain experience you can tackle more creative ventures but there's no reason to complicate the model.

http://www.lendingtree.com/about-us/press-room/news-releases/2004/greenlink-joint-venture/Should my reps be calling LendingTree instead?

Invest some in real estate, give some to charitable organizations, some to friends and family, and take risks in building other business ventures.

So I know people who are wealthy that only do retail and they couldn't tell you anything about another asset class.Their level of knowledge is so high in that one field that they can make money and returns in any market and know the cycle hitting way before anyone else.During the boom times some companies ventured out into un-chartered territory and got burned pretty bad.

I do have a question John and the others what is the best way to get capital (because banks will not loan) I have been trying for the past six months can anyone point me in the right direction this is the first site that I came across where people know the real estate venture.

Although I share some of the concerns for you starting out in such a rough and time consuming venture---darn impressive and ambitious!!