While not a real estate agent, what I have seen is many people that go to open houses are essentially window shopping and do not really know what they want.

Also shop your rates around you may be able to get a better rate.

IMO, no, you don't need an LLC, but get insurance.If you choose to form an LLC, I don't care for internet form shops really.

I don't wholesale, but from what I have gathered generally wholesalers are working separately form realtors, they find their own deals, and shop them to buyers; no realtor needed.Andrew

My shop teacher flipped houses in the summer, he'd hire some of us kids to help in the summer, I'd say he did very well, fix and flip and buy and hold, I certainly don't have numbers as I had no clue then.First, I'd suggest you not begin by learning the big picture, as a teacher I know you understand that you really need a good overall knowledge in an activity before you specialize.You can really do anything you like, while the days during school might be busy, RE may only take a few minutes in an evening.

A few of my friends ended up there for the long haul, and I make a trip there every once in a while when I'm in the mood to do some shopping at IKEA :).

Some of them allow doing the shopping along with other products to the clients.

I once wrote a piece on the importance of knowing your customer (i.e. where they work, shop, eat, etc.).

Still shopping around for a good market to start out in, and Worcester is on my list.

I'd definitely shop for a back-up buyer right about now.