I did take the real estate class just to educate myself more but had no intentions of becoming an agent.

Just pulling a comp within even a half mile radius would not give you an accurate price unless it was in this particular part of the area.Point being, I would recommend networking with a realtor to be able to access this data, but I would recommend that you educate yourself on interpreting it and not necessarily taking a realtor's word for it.

the preparation is education and experience, the opportunity will present itself.

I look forward to reading all I can to help educate me on this subject so that as soon as I get back from Iraq, I can take that plunge.I do feel that it is crucial to have a spouses support.

There are far more real estate millionaires that started with nothing, than corporate millionaires that started with nothing.I like that you dont need a college education, you dont need to have the highest GPA, you can make it in real estate if you were raised by wolves under the shed in the back yard.

You're going to be well ahead of most of the other agents out there if you can educate yourself on investing.

though i am still in process of setting up LLC, i know from reading other sites and articles that there is no limits on number of properties. if it is done right the LLC is it's own entity, with IRA owning membership shares.the one restriction that is tricky, is leveraging. if not set up correctly you could have to pay taxes, because you can't have debt in the IRA is the way i understand it.we will be setting ours up in such a way as to avoid this problem. though i don't know the specifics yet, i have talked to a couple of consultants and they say IRA investing in a LLC is the way to go, if done correctly. and they say we can avoid many restrictions and that there are ways to do it.

This is mainly due to the use of leverage.

I'm happy and grateful for the opportunity, but a little frightened too because I've only just begun educating myself on investing since January, 2007.

COSTS: MLS, Realtor Association, Key, License, Ongoing education, business cards, advertising.