best way is to go to the local REI meetings and ask the experienced investors.

Bottom lie I think your going to eat this one. hang in there. prepare for the worse and hope for the best.I just met a guy that gave $18k cash to another guy that promised him 12% return. well long story short this highly educated senior electrical engineer is out $18k. with no contract, or collateral he is out of luck.

So not everyone should Jump at the chance but I've experienced too many sitting on the sidelines because of it.

I have experienced some great success along the way and hope to learn how this web site works so that I can once again find new ways to become successful in real estate once more.

I have some questions for the experienced REIs.

It is a quick answer, and I do get the idea, but I was wondering if any of the experienced people here could give an example of the kind of conversation they might have with someone in a particular situation.In my line of work I have to qualify people and I have a few questions I ask that will tell me whether or not I should be spending time talking to a prospect.

If someone was to leave a company with a 401K program the funds in the 401K can be rolled into an IRA.At the same time it might be best not to use those funds until you are pretty experienced.

She was an experienced journalist and founding editor of the NY Post's RE Supplement.She quit her job and decided to "get rich in flipping".

There is no one book, or one source, other than an experienced professional, that can begin to provide enough localized information to enable you to make informed decisions.Expecting that all "Real Estate Professionals" should be able to properly advise you regarding investment property is like expecting all Doctors to be able to perform heart surgery, or all accountants to know the intricacies of the tax code.

Jeff,If you find a great deal, by the time you put your letter in the mail, an experienced investor will already have bought it.