I am technologically challenged but i posted my first blog today.

Hello Everyone,It had always been a dream of mine to be a Real Estate Investor/Developer, but somewhere along the line life just got in the way and it never came to fruition.I do have a fairly decent knowledge base to start building upon though.I received an Associates degree in Construction Technology and a Bachelors degree in Construction Management from Southern Illinois University back in 2001.

Although this was published in Nov. of 2008 I think it's clear that things are not good!

It can be improved upon as laws and technology change.

The word is spreading about retirement planning with SFR, and we met a few innovative wholesalers who found a way to pivot and satisfy that demand in a new way: they are becoming retailers.According to dictionary.com , "A wholesaler is an intermediary entity in the distribution channel that buys in bulk and sells to resellers rather than to consumers

Creative financing, wholesaling, flipping and all the techniques have been around and used since people could buy property.What is new is the technology we now have to find motivated seller, cash buyers and manage the entire process.

@Eric La Pratt was nice enough to invite me a few months ago to this PM's anniversary party and I was really impressed with their operation, I thought it was a great efficient setup and they had built technology to adjust the nightly rate based on hotel bookings and events going on in Chicago.  

There are some older threads concerning this but due to rapidly changing technology wanted to see what luck people have had with online/ electronic payments?

This is no different than companies relocating to the Ireland or the Bahamas, etc.Meaning, Texas is not a place of innovation where people come up with new ideas or building a better mousetrap. 

Once upon a time the standard commissions for both sides was 6%, that has since dropped in many areas to 5-5.5% This is to be expected as the technological improvements and the information available to buyers and investors is more accessible and in theory the quantity of work demanded to identify a buyer a suitable property is lower.