Jon,Perhaps not another residential real estate bubble but, Yes we are stetting up for several possible bubbles.http://www.uncommonwisdomdaily.com/is-the-crisis-over-6586Above is a link to a video by Uncommon Wisdom they are associated with Weiss Research (they have been very consistent in there predictions and were one of the few that saw the subprime crisis coming) and the FOUNDATION FOR THE STUDY OF CYCLES, INC.

Thomas-- I am in the process of getting my realtors license so I have access.I think it's worth it so you have access to all the REO listings, as well as the most accurate system to do comps.It's boring but the few weeks or month you spend studying will probably (I'm assuming) be worth it if you're serious about being an investor.

Greg: study your market.

James,I know how you feel and it is the way I felt until I studied the subject from some strong internet marketers.

I'm studying and doing research on how to do my due diligence one my first residential MFH acquisition this year and this thread is awesome!

But this is true for most any business one gets into.Later on, IF the business becomes successful, you can farm out more of the drudge chores.Personally, while I don't swing a hammer much anymore, I still work many hours doing the things I like and which only I can do, like finding property, planning rehabs, studying the field, and so forth.It's my opinion that no one EVER succeeded at much if they didn't LOVE what they were doing.

JamesOur coaching programs are offered at our live events where a potential student has the opportunity to see proof of results first hand, study the experiences in person of others who have gone through the programs, and meet students, coaches and staff in person.I don't know whether or not our program would net you $1,000,000.00 in one year.

Take this time to think, plan and study.

He told my daughter (smart girl) that she should give up her studies to become an RE agent, because 95% of agents he has come in contact with are idiots.

<<Hopefully you have STUDIED your particular market CAREFULLY.