Repeat, repeat and repeat.The secret is by compounding your initial seed money by using it to infinity, but NEVER , ever spending it. 

I have been addicted to these forums and podcasts as Im trying to soak up as much as I can! 

Another newbie from Milwaukee (a.k.a MILL-E-WAH-QUE according to Wayne's World:))I am finally sending out my intro post after many months of reading and listening to the excellent podcasts and just soaking up all the knowledge that you all have graciously offered.A little bit about myself...I am a wife and mother with a 2.5 year old toddler boy that keeps me on my toes constantly!

A technician investor plants seeds (gaining the knowledge and treating people well) to reproduce on its own.  

You can make your money work for you.Unfortunately, I think it’s deeper seeded issues of fear and “financial security” that keep most of us from taking “that leap” and moving towards a life of wealth. 

On BP forums, meetups, REIAs, coffees, find your local experienced operators/NOT paid gurus and see if you can help them find deals, drive for dollars, analyze deals, line up contractors - it’s your unpaid internship to soak up as much experience as you can handle - - best of luck!!

In hindsight, we wish we stuck with it.My wife is a Realtor and I have 25 years of commercial construction experience.I just discovered BP a couple of days ago and it seems like a great resource.For now I can offer a lot of construction knowledge but when it comes to real estate I am a dry sponge looking to soak up as much knowledge as possible.

Looking forward to soaking up all the great knowledge!

Welcome to BP, There's a lifetime of knowledge available in the podcasts, jump in and start soaking it all in.

I was reading about Detroid in National Geo Mag and it sound slike the city will bulldoze abandonned homes if the property tax is not paid and then seed grass and gift the lot to the neighbor who is stipp paying taxes.