Others seem a bit annoying, unorganized, and scatter brained on stage, but when they talk to you they seem like geniuses.

Originally posted by "**********":Jer,I always read hundreds of posts by younger newbies who buy a coarse and want to jump in full time and become millionaires.Usually they have been brain washed to not only believe that they can get rich in RE with no capital, no money down, bad credit etc.

Michael,Situations like this can be a real fight between your emotional and logical sides of your brain over what to do.Here's what my emotional brain would say in that situation:1.

It takes that much brain power.

Take some experienced investors to lunch and pick their brain.

So I actually started to use my brain and realize that I'm only 23 4/5 and that I don't need the best of the best right now.

I've done it all and am changing things now to do nothing but wholesaling, and lease/optioning a few houses here and here, only if they are brain-dead, impossible to lose, get in without tying up any money, and very easy to find a tenant/buyer.I sold everything retail before, but that ain't working too well so it will have to wait until later.But nothing beats the ease (since there's less work involved, it's easier to train an assistant to do it all for you) and safety of wholesaling deals in a time when values are still going down in places, and no one can seem to get a loan.

It all has to do with volume and the area.If a bunch of foreclosures are happening you will have a shift in rents in a downward trend.If major job losses or an employer is leaving you will have an out flex of people migrating to other areas especially if the business leaving employed a large percentage of the people.Texas in my view doesn't compare to many other areas.Texas recently had 5 either counties or cities ( I am brain dead today ) rank in the top 10 for fastest growing in the nation,Texas BIGGEST problem right now is a massive drought there.No rain is killing animals,crops from what I am being told.They are saying meat prices will rise higher in months to come and we haven't felt the affect too much yet.

LLC - His money and your brains/effort - You do all the work he buys the house.  

When I first started going before I did any deals, I was always the guy asking questions, trying to pick all the experience out people's brain as I could.