Based on averages, you would have lost money every year since 2000.

New to the site but, not to the industry.

Thanks for the advice...Ok- a couple of things.1)I tip very well at restaurants because I managed one when I was younger- worked my way up in the ranks of the industry.

That changed my average tenant stay to about 5 years.

I am a investment real estate agent so I see a lot of these type of deals go across my desk everyday and what I would recommend is that you evaluate several different product types for example apartments, retail (shopping centers), office, and industrial properties.

Welcome to the Forum.There's many avenues to wealth in the real estate industry.

The reason why i started this thread is that my wife is looking at a career change from the banking industry into real estate.

When I finally get my license and find a broker to hire me what can I expect to earn in my first year on average?

Usually while attending classes you encounter individuals at various levels of the real estate industry.

I've been analyzing the numbers from the example deal from the Bird-Dogging 101 article here:http://www.biggerpockets.com/articles/bird-dogging101rb.htmlI'm using a spreadsheet, and I can't seem to come up with the numbers that he has mentioned...specifically the "Additional (Not covered by loan) expenses: $7,500.00"My understanding of this figure is that it is the difference between the loan amount, and all of the expenses.The loan amount was $105,000, and the expenses were each of the following:Acquisition Cost: $7,500.00Repairs (estimated) : $9,000.00Four month Average.