But you know how to pick real estate and understand why one piece of dirt is more valuable than another.

Knowing how to knock down barriers is a valuable skill to have in real estate investing.

I am hoping I can give some input in BP on things that I do know that I would consider valuable information.

This is my first off-topic thread (I think) and I am starting it because I think it has a valuable lesson for newbie BP members who want to make it big.As you guys know, I travel a lot internationally and, as a result, have to go through security-check and immigration at airports throughout the world.

If you are giving good rehab estimates, comps, and screening the properties, this would be a valuable service.

The reality is that boat slips are a limited and valuable commodity themselves IF owned or rented by boat owners.

If you have a property that is located in an area where vandalism is the sport of the day, you can't really tie a set reserve to any index, like property value or rents, it will have to come from experience with that property.Being in a financial positiomn to cover any uninsured damage is the goal, if you can do that from day one without a "sinking fund" startegy, all well and good, but if you can't, I suggest you set aside all that you can initially and establish your reserve as quiclkly as you can (hopefully before your fisrt lease is over).What you need to assess is the risk of wear and tear as well as damage that is uninsurable for each property and then assess the risk in light of the probability of losses occuring at or near the same time on other properties.Never think that since you have quality "maintenance free" properties in great locations that you won't have any expense in the first or first few years.

Another issue is selling the note, it will be more valuable if it is processed.When you borrower fails to meet the obligations, if you did not process the loan and qualify the buyer, you'll likely be seen as a preditory lender, how will you prove that what you took the buyer into was a doable deal?

I'm new to BP and hope to use the forums and site in general to gain the most valuable thing in life, and that's knowledge.

And I do so many houses that it will be an incredible experience for a young person who wants to learn some very valuable skills.Do you still think I might need two people for this?