I'm brand new to this thing, and while I have an educational background and some employment experience in the field, this is my first foray into actually putting together a deal for myself.I've decided that the best way for me to build capital is to use hard money to purchase REO's and then wholesale the property.

If you decide to use the opportunity cost as a proxy for the discount rate, than it would make sense that a similar investment of similar risk would require a higher rate of return for the leveraged investment as well.

My motivation in running my rental property business is to:1) Make enough money to support my lifestyle2) Be semi-retired by only needing to work 3-4 days a week.3) Build up net worth for "retirement", in case I ever decide that I don't want to work any more (I doubt that will ever happen).This week is a good example of what I've worked so hard to build.

Should be regionally decided.

I started learning process just on a whim and then after discussing it with the wife, I decided to jump in.

Decided to pickup 2 business minors, entrepreneurship and business admin.

Can somebody tell me what roadblocks or problems will I face if I decide to NOT have a realtor at all?

What is the position in the REIT that decides where the money will go?

This is kind of the first potential deal me and my girlfriend have run down and are trying to decide if its a "good deal."

Somehow everyone forgot the history and decided real estate always appreciate.