A friend of mine in Colorado - also an agent - said that even in a good economy, you should prepare for little to no income the first year.

A phrase I've often heard when demanding an explanation of something "creative" on the closing statement."

The Title company recieves a copy.The preparing Attorney recieves a copy.

I'd love to know how other landlords are preparing for Y2K.

If your degree helps you to survive comfortably, then I think it's a good thing.3) I have never heard of anyone saying their degree prepared them for creative real estate investing4) Most of the math we need to do deals is nowhere near as complex as finance classes.

You have to be prepared to say no to more deals than you say yes to especially when there are so many choices.

You make your money, your bird dogs who bring you good deals make you money, your realtors who bring you good deals make you money, your end buyers make you money, your accountant who prepares your taxes properly makes you money by nature of saving it, etc.... you get the point.

First let me say that this site is wounderful, and very creative.

In REI, you can add value to the investment with your knowledge, work, and creativity.

pid=20601087&sid=aJOGrevCE.M4&refer=worldwideDec. 16 (Bloomberg) -- The Federal Reserve may today reduce its main interest rate to the lowest level on record and prepare for one of the boldest experiments in its 94-year history: using its balance sheet as the key tool for monetary policy.