Seek broad education in real estate, business, tax law, government laws (federal, state, county, city), finance laws, real estate law and practices, and as much as you can think of that may or may not directly apply.Education Sources-Small Business Administration (SBA) (not just for loans)This is a taxpayer-funded organization just waiting to give you guidance and education.

Depending upon what you state in the letter and your perceived seriousness and ability, the letter may be passed on to a person who is in charge of disposing this asset.Have a professionally created Internet presence.

I for one would never post on the internet that I had $2 million of assets of any sort.

Over here in central florida, you can obtain courthouse records via the internet.

If they do not have one, or it is broad, or does not match your area or areas of interest, you may want to move on.

I've been involved in Real Estate through my work in financial services and credit repair.I am looking to buy and hold multifamily units in the Twin Cities area.I found BP as I was internet searching a career move from financial services to RE.If you make it to the Twin Cities make sure to let me know!

A broad knowledge of the segments of real estate is important.

It's hard to gauge the situation blogging on the internet like this, but my overall feeling from this discussion is that things are a little too cozy between you and the borrower, and not moving quite fast enough.

What do you think - would I have a fool for a client, or is this a smart way to sell in this day and age when the Internet and those sites that give inexpensive MLS access offer a viable option for a fairly capable person?

I stumbled on to Bigger Pockets a few weeks ago on one of my many quests to find the end of the internet and I'm very glad I found it.