However i've learned that by beginning with wholesaling, your able to build your assets as well as knowledge.

I have not actually done this but I have suggested it before to others.Have a friend or family member willing to deposit into an account that is in both your names, but upon opening the bank account, only your friend/family meber has the authority to withdraw funds.

Edward Griffin (Author - The Creature From Jekyll Island - written in the 90s) are the same: The ultimate goal of the real people in power is a one world fiat currency and one world power structure.

I deal mainly with tax sale deeds and because the taxing authority only sends their bills out once a year, it is reasonable to realize that it could take a year before someone realizes that they are missing their bill and check into it only to find they do not any longer own the property.

Hey Richard I have that book and you can imagine my surprise when the author registered just recently on this site around the same time I did.http://www.biggerpockets.com/forums/55/topics/29886-new-investor-here-I've watched plenty of land go for top dollar at land auctions near Parumph and Spanish Springs Ranchos.

Here's an important post on the BiggerPockets blog from our resident real estate attorney blogger, Greg Boots:The Asset Protection Misconception: Why Insurance Alone Isn’t EnoughBe sure to follow all of Greg's posts on the blog every Wednesday!

If your cash position to invest is 500 or 5,000, the best advise is to continue to hoard and educate yourself through this site with seasoned pros in this industry and experienced pros in other asset classes els where. stock tips are worthless unless your friends dad works for an airline that gets a favorable decision on a plane crash case(wallstreet, circa 1987;). p.s. invest in what you know, if you know little invest in your education, books, seminars, etc.

That happens so much when your dealing with other investors that are trying to sell their non-performing assets.

I think that most of the bad earnings news are already reported as the companies that lost their shirt with bad investments have already reports bad earnings once or twice.You can say what you want about the dollar, but all the more reason for money on the sidelines to own assets instead of waiting around longer.

Since you're using a PM, its for sure not going to be any less)NOI: $450 or $5400/year.So, you have an asset worth $135K that's netting you only $5400 a year.