My brother and I currently own a seafood restaurant in Arlington, VA and real estate knowledge definitely goes hand and hand with retail leases, purchasing property for expansion, site selection, etc.

In short, if you're waiting on the average retail homebuyers agent to bring you a deal, you'll be waiting a long time.

This deal looks like it will be better for a rental than a retail sale.

I will look for a property that has a retail value around 70k+Then after obtaining a quiet title I will either rent it out and try and apply for a mortgage on the property to recoup my funds or flip and sell it retail.Numbers:Purchase: 30,000Repairs: 10,000Total cost: 40,000Rent anywhere from 1,000-1,500 or sell for 70k+I know the numbers are loose numbers because there are many variables such as what property and what happens at the auction.

This is much different from agents who only like to deal with retail buyers.If you are focused on particular neighborhoods or types of properties, ask the agent if they have experience in this area of your pursuit.If there is a neighborhood you have an interest in, seek out the real estate agents with the most listings in the neighborhood.

Then the economy tanked, and all of our retailers pulled out!

I mean, if the market is super hot and you can quickly sell it retail, great - but it seems that most investors would want at least a 20% discount anyways.

You can drive more yield with mom and pop but generally lose some security for it.Commercial rates for the area a retail broker will know leasing rates and what kind of tenant improvements needed and who is the target business for that property.

You have to taken step 1, so just figure out what steps 2 and 3 are and do them.Me personally, I experienced practically ALL the real estate strategies available for residential real estate.In 10 years...I wholesaled a LOT of deals, I did buy-fix-resell (retail) deals, subject to that I leased optioned, SFRs that I rented, I owned and resold land, I owned a 36-unit apartment building in a war zone, and I am part owner now of a 133-unit apartment complex in a nice area.After experiencing all these real estate strategies, I realized...1.

Most of the CE classes are targeted toward the broader Realtor market trying to sell pretty retail houses, which I could really care less about because that isn't my business.Back to my point, the education you will receive will prove very valuable and certainly put you in a better position to get involved in real estate.