There is so much opportunity in the RE market.

All I have to say is he's commenting on everyones stuff and he himself has not actively invested in RE in almost 30 years.

My problem is that my experience with RE only dates back to '99.

.- Attend local RE Club meeting for first time.- arrive early, stay late.- immediately place contact info from networking into my database. - Go to county courthouse- learn what info is available from clerks.- setup DBA- network- Locate good webdesigner to set up business website.- Design & printout business cards using local business.- Use local business to manufacture fifty bandit signs

Tell us about your self and your background and goals in RE investing.

I agree with you (kind of), but here is my opinion of reality:One offer = this is the highest offerTwo offers = hopefully one will closeThree offers = I did a good job pricing this thing and the seller will probably get the most that the market will bear.I believe that most RE agents have no real training, hence they start "fighting" for home values that don't exist and end up killing deals that should have closed, all the while trying to "prove" value to a home owner.

It sounds like you already have a good start to your RE career.

Sell to an actual end-buyer and take my assignment fee at time of closing.Side Note: If anyone has any comments about this strategy, please let me know, as I'm open for any/all suggestions.Now, here's my question...As a new, aspiring investor here in the Sacramento area, especially within the suburb where I live, and the surrounding neighborhood, there's been an influx of homes that have been foreclosed on, which the banks have bought back and have sent to their respective RE companies for resell.Would these REO's be worth my time going after, in order to hopefully wholesale and if so, what kind of reaction should I expect on submitting low-ball offers?

I have no need to re-invest that much cash into my business, so I'd like to put it all in commercial properties to start multiplying it.

It opens the doors to many options not available to most others.Having said that, I still personal believe that using leverage is one of the greatest benefits to RE investing and you are missing out on some of it.