I've seen people venture out into things they were clueless about, because they heard the money was good, and lost their shirt.- You don't understand something completely until you can successfully explain it to somebody else.- Be a good customer as well as vendor.

~Walt DisneyI quit being afraid when my first venture failed and the sky didn't fall down.

I am just scared to venture in areas that i don't know ie missouri, tennessee, or ohio.

Tried calling today, but was on hold for a long time, so maybe I will email them.Want to venture out to TX, IN & PA for investing.

After contemnplating on this discussion, and due to the fact that I have recently offered several wholesale deals to BP Nation, I wanted to generate some discussion about this.Here is my argument(for lack of a better term): I have noted that I am switching gears and trying to free up more of my time for a new venture I am involved in (non RE related), as such, I can not continue to take on all the deals I get, hence, they are being wholesaled.

First of all, congrats on your new venture Joe.

I would venture to guess that the operating agreements of the five that you now have are very similar and can be used as models for any that you add to the series.

We're both licensed realtors as well, so our model is definitely based on a DIY philosophy.

Looking forward to hearing of your ventures as well.Thanks for all the info and encouragement everyone.

I've been thinking about venturing into this side of the business, but would like to hear some feedback first.Please note: I am talking about managing SFRs only.