The main guy is an active real estate investor, and it sort of motivates me to hear him share his adventures.

Yes, like many have said everything is partly speculative but flipping(rehabbing) is not pure speculative, nor 70% or whatever was stated.Speculation:(Encarta dictionary)1. opinion based on incomplete information: a conclusion, theory, or opinion based on incomplete facts or information 2. reasoning based on incomplete information: reasoning based on incomplete facts or informationmere speculation 3. risky transaction: a financial transaction that involves risk, but is potentially profitablea failed speculation on a dot-com 4. making of risky transactions: the practice of engaging in financial transactions that are risky, but potentially profitableThe later two is the better of the four definitions, in this instance rentals and flips have the same amount of speculative nature.

Many of these properties are something I would be interested in investing in - with the proper discount.Is there some process or technique for engaging a bank in such a situation to discuss a multi-property purchase?

I like trulia and active rain, zillow not so much....

(Bookkeepers and accountants withOUT the CPA license are NOT who you should rely on for RE activities.)

The big question would be do you want to be Active in investing or do you want a passive investment.What many call real estate investing is really just a high paying Job.

Hey all,Ok I've been stalled for a while (well since I got my first triplex wich I still have), things are getting boring and I wanna get active again!

Around here, some neighborhoods are very active and some are completely dead except for REOs at fire sale prices.

I came to a couple conclusions after sitting through her annoying seminar: One...she is probably not actively negotiating short sales but rather making all her money selling her boot camps and packets.

BTW, I just left TX after 30 years as an active investor.