Rich

Nor does cash = investor, could be cash rich homeowner, lottery winner, etc.

Spread between fed funds and bank rates make bankers rich.

Thank you everyone for taking the time to reply,I definately intend to learn as much as I can from this site, and some of the blogs associated with it.I agree that getting out there and meeting people is going to be very important and I intend on attending as many meetings as my schedule allows.I'm in no way looking to get rich quick, its just nice to be involved in something that rewards hard work and you get out what you put in.I'm thinking it might be a good idea to try and get some more funds together (with friends or perhaps taking some equity out of my home, which will be tricky and costly due to exchange rates) and try and do a few flips on my own to gain experience before approaching a bank or PMLs about making a loan, possibly a JV if I can find someone that would be open to working with me...thoughts?

Consistent upward trend.( Ft Myers, FL.)Rich

Rich

You gobble up the under $100,000 properties and turn around it sell it to the rich.

Rich Dad Own your own corp. is a good basic start.

This is not for yourself; it's for a "rich uncle" or other investor.

)Best, Rich COriginally posted by Mike M:Orange County, CA Property Manager - 6%Los Angeles County, CA Property Manager - 8%Tulare County, CA Property Manger $50 per unit (when rented)Fresno County, CA Property Manager - 6%Dallas/Fort Worth Property Manager - 7%Phoenix, AZ Property Manager - 7%Durango, CO Property Manager - 8%Tulsa, OK Property Manager - 7%The companies that charge me 8% manage only one property, the rest manage multiple properties, giving me more negotiating room.