I was recently lured into the web of the instant riches of bulk REO, only to find that, while many talk about it and supposedly are dealing in it, few are actually finding success in that area.After developing a few good connections with investors, and a lot of soon to be forgotten not so good connections, I decided to get back to basics and just observe and learn for a while in the hopes that doing so will also allow me to develop a network of people who are already successful in the areas of residential and commercial investment.I am 51 years old, and actually backed into the mortgage business in a round about way 4 years ago.

I would suggest buying some properties to develope a strong cash flow and then helping out other people.

how are you going to cost effectively create a personalized page for each prospect?

(On the other hand, REO agents don't have to prospect for listings, only for buyers, during times like this.)

I also took an urban development course in grad school and had to come up with pro formas and everything for a larger apartment building with first floor retail.

We have a comfortable life here, and when/if we move back to the states, We'd like to maintain it.Hi Tim-Yes, they're building 2 casinos here, a Sands with convention center on the main island just south of the central business district on reclaimed land, and another spearheaded by local Genting Goup on smaller Sentosa Island (sort of a resort/park/ golf development island linked by bridge and monorail) which will include a theme park.Funny thing is, Singapore has resisted having casinos for decades, afraid of turning into another vice-ridden Macao.

Is your marketing effective at bringing in prospects?

Develop a solid marketing campaign and be consistent in your marketing.Also, don't be so jaded by the quick riches programs that you don't get the proper education.

If your gentlemen depart one way or another will the surrounding vacancies scare away other tenant prospects?

You could market to preforeclosures in the area for likely short sale prospects, and deal with them directly.