You are smart to recognize that in your careers you will not make a ton of money.  

I'm a pretty smart guy.

When is it smart to refi??

Detroit's facing some serious financial issues but a street smart investor can make a lot of money there.

For most of my adult life, I have believed that true wealth and security can come from smart investing in real estate.

The only way out of the hole we've dug ourselves into is to start working again...........not just trading paper back and forth and patting ourselves on the back about how smart we are to have those dumb foreigners making our stuff.

You are doing the smart thing now by educating yourself and building a solid real estate investing plan.

Smart man.......always liked reading his articles.

All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.So, if your "teacher", "mentor" or whatever else they claim to be is proposing using contracts to broker real estate without being licensed or owning the property, they are teaching ILLEGAL practices at YOUR expense.

I think you are on the right track with trying to follow the new train lines in LA - however, I am not sure if there will be many deals available there as many people have had the same idea and I suspect the smart money got into it back when the lines were just a plan sitting in the city hall basement.