Homevestors advertise they are buying ugly houses - do you think majority of calls they get are the sellers of ugly houses?.....

They both had a major attitude from the start.

A little bit about me:I currently work full time in the operations accounting department of a large pension fund.

I started reading about real estate about a month ago and have gone through 5 books and am really excited about it.I am currently an accounting major at a pretty big school.

At some point, you'll have some major work like a heater, roof, or sewer line.

Wayne,My second deal was a major rehab.

The advantage of using a broker is that they have access to all of the major institutions (Which are all shuttered due to the Resi fallout) but also should have a sophicticated Rolodex and contacts with various Hedge Fund Managers; Real Estate Investment Trust Managers and Private company that will only deal with brokers.

I am interested in getting into real estate wholesaling and one major concern that I had was how do you compete with all of the foreclosures on the market right now to find a good wholesale?

If you wholesale it usually there won't be a RE agent involved so that means more money you get to keep.Another thing about retailing it, if the RE agent recommends the buyer to get an inspection done and the inspector finds something major and backs out of the deal because of it then you are required to disclose that info to all future potential buyers.

On major highways you'd be up against Clear Channel.