With all the information out there and an entire forum dedicated to it I am surprised nobody has asked this?

Be Responsible for Your Own BusinessWithout turning this into a sale promo of the OpenRoad3 platform, you may end up getting it, you may not.

I can't justify the time involved to do that.Now If I was flipping it myself then I can justify the return.The residential REO side many investors do not know how the banks suck the brokers/agents dry on fees.They make you get certifications which costs hundreds of dollars.Then they pay a crappy commission of say 2 percent on the listing side.Then for submission of offers they make you use an electronic platform system that you get hit with monthly fees or a per transaction fee in the hundreds.This does not include the other costs as mentioned above.I think both sides will work together better once they understand each other more.

Some more things to consider:If you plan to get your RE license, expect to pay monthly fees to your broker, as well as annual fees to the MLS and potentially your local board of realtors.If you plan to rehab, you're going to want some basic tools (even if you hire contractors to do the work).If you plan to network, have money set aside to take investors to lunch.If you plan to do a lot of deals, you probably want to set up a corporate entity and ensure that you have liability insurance.If you plan to get your license, you'll need a fax machine and dedicated fax line or a fax service to send and receive offers.If you plan to get your license, budget for printer ink (it's expensive, and this business is currently tough to take paperless).

Minimize that number by keeping records of all your expenses - everything - including a home office if you have a dedicated one.

For hosting, I am self-hosting this site on a dedicated server, but I have had great luck previously with Hostgator.com

Our goal for the next weeks is to continue to optimize the site, debug all those little annoyances that you do (and don't) see, and to continue to build out our platform to best serve our users and their needs.2010 is off to an AMAZING start for BiggerPockets, and we're going to push to continue kicking backside until BP is a place that all people in real estate can't do without!

The company I worked for took complete advantage of me and my time, and asked for absolutely ridiculous dedication.

I don't see another forum dedicated to becoming wealthy in your own terms in Real Estate.

I understand this is a business that will take hard work, dedication, and a solid understanding of the process.