Bill Gulley Rich Weese weigh in please!!

Mark, I saw that you are a broker, again, welcome to BP.Rightly or not, I put much of the poor attitudes that often pop up here on the gurus, the spin and pie in the sky whiz bang methods of getting rich rather than approcahing RE as a profession, they beome "operators", most fail.

Your not gonna miss $5000 as much as someone would that makes $35,000/yr.I like neds point when you observe it as a long term approach, wheather it be a long term use or if it aids in a sale.Ryan Watson -- actually the IRS regulations were changed in 1986 I believe to specifically "keep down the rich man".

We are not looking to get rich quick our goal is to shift some of our savings into real estate investment, and from what we've discussed at this point we are looking to purchase and put a little bit of work into a property and follow the buy & hold/land lording method and eventually repeat this process to obtain multiple properties which we will maintenance and keep up with on a regular basis, years down the road we would not be opposed to selling these properties, we would like to re-invest whatever return we see in the near future into current or future real-estate investments.

We are not looking to get rich quick our goal is to shift some of our savings into real estate investment, and from what we've discussed at this point we are looking to purchase and put a little bit of work into a property and follow the buy & hold/land lording method and eventually repeat this process to obtain multiple properties which we will maintenance and keep up with on a regular basis, years down the road we would not be opposed to selling these properties, we would like to re-invest whatever return we see in the near future into current or future real-estate investments.

Back in the day, the get rich quick era 80-90’s, when there was no median to communicate by like this, very little local REI associations, etc, you were pretty much on your own other than some others that were under the false impression REI is a get rich quick scheme.

I’m not looking to get rich quick, but want to learn as much as I can and take baby steps into investing in real estate while minimizing my risks.

When I first arrived online in 1995, I remember that the first foreigners I met assumed two things about me simply because I was American:1) I was rich and famous2) I had gunned men downNow check out this thirty second report on foreclosures by Russia Today:http://youtu.be/u8A_CtHvO2E

I have always been one of those people who don't want to end up working for someone to make them rich and I consider myself and entrepreneur since I run a couple of ecommerce sites:www.5hpstickers.comwww.customcarcases.comwww.islandimportperformance.comI have always wanted to get into real estate and began reading into wholesaling after someone on the "Millionair Fastlane Forum" made a post about her mentoring of others and how they didn't take action so she gave away her course for FREE so she could find people who would actually follow through with her step by step guide.

We are under no illusion that this a get rich quick deal and are really interested in learning from the ground up.At this point, I guess it would be helpful to learn where to find local 'investor friendly' allies like a title company, attorney and RE agent.