What specifically is different that is going to make this new venture better than the old? 

Hello Corby,I am currently working on starting my real estate investing venture.

For appreciation plays (which I don't really do) there are deals but for cash flow, need to venture out of the area. 

It's a rewarding venture and a great adventure too...

The profits received are from a business venture, which makes them taxable.3. 

Want to connect with other investors and real estate professionals to start applying this knowledge and building beneficial joint ventures and/or trading experiences, encouragement, and knowledge.BP seems like the right place to do that so far :)Thank you all!

However, it is in fact speculation, which is defined as "investment in stocks, property, or other ventures in the hope of gain but with the risk of loss."

You can pay for express service if need be.Good luck in your venture, it's a fun and often times profitable experience!

Another popular strategy is joint venture agreements, where two or more parties join together to purchase and develop a property.

I would venture to say not all but many of these purchases the turnover has been high, damage has been high, went through many PM's, area has gotten even worse with crime etc.I get calls a few times a month where the investors say they bought a cheap house for cash and now it's a nightmare situation.