Some of that $5k would be a good head start on a marketing budget.

Hi Guys & Gals

I'm here in the UK right now. Norfolk if you know it.

As the title suggests I am returning back to Chicagoland in the spring, my wife is from there and we spent a number of years ther...

And congrats on getting your head on straight at a young age!

So far in my very short journey I have:* Installed low-flow shower heads.* Caulked and weatherstripped around all exterior doors/windows, and even replaced one that was in that bad of shape.

And conversely, in a (using as an example) Los Angeles marketplace, the buy in for 5 investors may be 50k-100k, as it would be more difficult to buy (cash out properties) for anything less than that.I'm just wrapping my head around various avenues for myself, as I build my 2014/2015 goals.I thank those who contribute in advance, because were it not for your knowledge and information many of us would not even be able to reasonably consider RE as a viable option for us to make money!

The good wholesalers that I know have told me that, "They need another buyer like they need a hole in the head."

Simply go to the Trustee Sale with proper due diligence in hand or in head and make you bids.

Always good to see more folks from Canada here.I'm of the same sentiment as Jon with respect to the session with the talking head: bring more than grain of salt and leave your money at home.

If a segment of the market dries up you have to change strategies sometimes rather than beat your head against a wall hoping it will change.Another strategy is investors moving cash from residential to multifamily or commercial where there is still good value to be had.

There is a lot of helpful information here.First I would head over to CT REIA, they are the biggest REIA in New England and there are a lot of great speakers there.I would always suggest to start a business plan, and follow the plan.