As for REOs, they don't want someone else (you, the wholesaler) making money when they are taking a loss.This is a numbers game.

just to be clear about my opinion, I am talking about long term investing, not day trading. i think day trading is a losing game, except for the 1% who "know more than the market." if you want to discuss which is a better investment, i think it is clear that real estate is (if it is your thing). however, real estate requires your time which my preffered method of stock market investing takes very little time. dollar cost averaging is truely passive investing. if you want to talk truely passive real estate investing where you spend an hour a month looking over statements and you are not hands on in any way, i dont think you will do much better if any than the stock market......over the long term. what the recent stock market crash has reminded people is that it is a volatile market and some people are not comfortable with that. i think real estate is not as volatile.to the question of whether or not people will jump from stocks to real estate. because of how the stock market has acted lateley, i think yes. big hedge funds have proven that. i am just saying...give it 10 years and possibly a few good runs by the stock market and people will be "following the herd."

Take a mil complex and turn it into a 2 mil complex.I don't have any experience or the capital to play in that game though.

That allowed me to buy, fix, sell, and use the equity to do the same but with a larger property.So I hate to answer your question with an answer that doesn't really apply -- but if you can get some money in the game (shake the couch cushions, or as friends/family) you have many more options.The other thing is to work hard and birddog properties for local buyers.

Been reading the books and dragging my feet for years while I established my professional career (love it, not looking to leave, just supplement).So I live in a nice college town where occupancy rates are high and the leases run 12 mos. and I'm ready to get into the game.

Hey,I am still game to get together with you jersey guys as well.

We are very lucky to be witnessed to the games tenants play.

I can bring in around 10% of costs as skin in the game.

Because they have no skin in the game.

The software at Rich Dad's seminar had amazing features that I feel would make my life easier as a REI.