People in the second group have a much higher success rate.I think spending days or weeks studying what entity to use is something like that,,,what will make you money is to get out and learn real estate, and start putting in offers on your first investment,,you need to be held back some, so you don't make a mistake, but you need to be ready to go start working on deals...you make money investing in real estate by putting together good deals,,,,,,you have to go 'get your feet wet",,,and thats how to succeed (again, with someone keeping you from making too big a mistake)Don't get paralized you will make a mistake,,we all make mistakes

Had to spend down.

Click on the "learn tab" at the top of the page, and you could be spending hours on the Information that is available.

If you figure out how to do that consistently without taking risks that could collapse the empire, let me know and I can probably help you arrange a few billion in equity..

Don't spend your time looking these up, trying to make your list "perfect", just send them.

Hello Everyone, After spending the past month or two reading and listening to all of the information I could absorb on BP, I've decided that Wholesaling/Buying & Flipping is the way I need to go.

I just don't necessarily use the capital for flips as much as use it to help make sure I spend the time to analyze the deals that I put together and make sure theyre 're solid Doubles to Grand Slams.If I didn't have flips, even with a good amount of passive income, I could get stressed out with money and force a deal that shouldn't be forced.

In the Gary Keller books that you mentioned, he spends a lot of time talking about building your team and how important it is to your long term success.

You can use your 401k funds for the down payment on the home.Lowes will work with you and you can purchase everything there...http://www.lowesforpros.com/lowes-building-and-loan-programThere are a billion other ways to go with this, but I was just keeping it simple.

Live where you want and invest (with a team in place) where it makes sense.That said, what we did was take a week vacation and visited several viable cities, tried spending a day or two in each to get a feel.