This seems to be a very smart legitimate way to work these deals.

Back to RE...What do people see as ways that RE investing has changed given the march of technology?

Thanks for your reply K.You bring up some interesting points....I wholeheartedly agree and understand point 1, in fact it is the competition of all those smart investors that scares me the most, which is why I am studying so much right now!

Look at technology after the dot com meltdown.

The smart venders would own as many of the choices as possible.

Either Los Angeles residents love their pets or the animals are smart enought to open a door without the posable thumb.

So we have to do our own research and we should be smart enough to sell the auction property. ========================================== steve

I agree as technology improves we will have to master these skills and diversify.

Initially, the boomers were the stimulus of economic expansion:•1950s -- parents buy new houses and cars, suburbs emerge, and America is King of Production•1960s -- more housing, more cars, college educations, Made in Japan = cheap, Vietnam, shaken values, Johnson's "War on Poverty"•1970's -- the Boomers emerge with jobs, are new consumers -- more housing, international manufacturing becomes more competitive, US corporations locate operations overseas•1980s -- Reagan tax cuts = increased discretionary spending, revenues up, social programs funded, Iron Curtain falls, technology enables global expansion•1990s -- peak Boomer earnings, corporate America dissolves pensions (funding liabilities, regulatory liabilities, increasing PBGIC premiums) and convince Boomers to "control" their retirement with self-directed 401(k)'s, Moore's Law at work in technology, the Internet becomes hostile to profits, emergence of private equity and venture capital on a large scale, increased financial engineering•2000s -- oops, where did the American Dream go?

:roll: Just keep plugging away, smart agents are out there.....but like anything else, it might take 100 phone calls to find one good Agent!