When I got my realtor's license I explored the idea of starting my own property management company, and I gradually came to the conclusion that the numbers don't really work unless you either charge significant fees for every interaction, or don't visit many of your properties each month. neither of those are ideal, obviously.

I'm loving the interaction on BP.

The problem is, real estate cannot endlessly increase by such absurd amounts.When I was first getting started and trying to understand the dynamics at work, the basic ways real estate prices interact with people's income and things such as inflation probably would have been helpful information.  

Each session could also be tagged as Beginner, Intermediate, or Advanced (or maybe just Beginner and Advanced).Sessions could be:- Talks (where someone gives a talk on a topic, with a short time for Q&A afterward)- Roundtables (where a topic is presented and people sit around a table and discuss their experiences and opinions on specific aspects of that topic - usually moderated by one or two people)- Tutorials (a more hands-on interactive session where the attendees are able to work on specific details of the topic with the guidance of the "instructor")There could be an exhibitor section, for companies such as:- Property Managers- Hard Money Lenders- Bulk REO Asset Managers- Developers- Contractors- Mortgage Brokers- Note Brokers- etc.

I have found out pretty quickly that in this business who you know and how you interact with people is very important.

It's a pain in the but, but the leverage would be extraordinary and you're profit would be great.

Still reading more about the site, it was only the smart choice to sign up and become active.Thank you for your time of reading my introduction and look forward to interacting and learning from everyone.

Here's an interesting read on Detroit:http://www.freep.com/interactive/article/20130915/NEWS01/130801004/Detroit-Bankruptcy-history-1950-debt-pension-revenue

utm_source=search&utm_medium=internal&utm_campaign=books Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Its fun to watch the two sides of the world interact.