His further rationale was fear of a potential downturn in the stock market given the weak economy, and his poor average returns in the stock market over the past decade.

He needs to be sure to check them out and know who he's dealing with.If he does his due dilligence. his risk in no more ( and probalbly less) than investing in the Stock Market.

As Robert Shiller said in a Wall Street Journal article a few months ago, people are beginning to think about real estate like they think about the stock market.What is your opinion about the buying frenzy in California right now?

But not a lot.Taking this to the stock market: Investing in cash flow is a lot like investing in safe stocks -- utilities and the like.

When I had my heating business I had trucks stocked with the parts necessary to provide the services I offered.

To add to this question would the same principles apply for using a standard RPA over an investor contract when it comes to wholesaling.

I think it's similar to dollar cost averaging in the stock market.

If you're checking comps on solds and keeping a pulse on the days on market for similar stock you should be all set.

Maybe after a period of time like when you buy a stock for $10 and later sell it for $20."

I am a physician and had the fortune/misfortune of starting my practice in 1982 at the start of the biggest bull run in stock market history so real estate wasn't on my radar till the dotcom meltdown of 2000-2002.