I'm not sure I believe it's going to be that bad but I don't know much about it at all and would like to get an idea of what kind of real impact we're talking about here.

Did a lot of reading here and I plan to start off small to slowly get some real day to day experience as landlord.Thanks for the kind reply and the resource here is just great, for sure I will ask help when time comes.

It's in an area of owner occupieds, and would still get that kind of treatment: not upper quality, but a standard homeowner quality. thanks for your responses. ofgift

Yeah, I'm kind of a shy, but the incentive to be a wholesaler is there and I'm willing to jump in there :) As far as I know, the difference in the two...bird dog: just finds property for $250-500wholesaler: enters binding contract with sellerenters contract with buyergets the ball rolling through the title agencyclose. earn thousands.

What kind of Bank REO's are you looking at?

Is there any kind of website you could direct me to?

In order to be effective you have to have practical, relevant experience in the same kind of real estate investing as those you plan on teaching.

What kind of postcard are you mailing out?

That's kind of what I thought you would say.I can only tell you what I would do...I would keep the umbrella.

Fact is the market is hurting now and i don't have that kind of cash to be a big player in this day and age.