I've been a part-time investor for years, but now looking to improve my skills and holdings.

Karen M.I invest only in multifamily "commercial" presently and do so because I want it managed for me allowing me time to do my out of real estate job and also because I have neither the skills nor interest in doing the property management.

I have to add:PEOPLE SKILLS, learning a lot about people skills and building relationship that last til now, because you never know when you need to call upon them or vice-versa

In order to wholesale you need to develop a key skill.

It can take few years to learn the skills needed to become self-employed.

Corporate veil can be pierced by a skilled attorney.

Though my FT job has nothing to do with real estate, it has provided me with many transferable skills.

The listing agent represents the seller and has a fiduciary responsibility to the seller, which means it's the listing agent's job to try to get as much money (and anything else) out of a buyer as possible.Most new investors don't have the knowledge, skills or experience to protect himself from a savvy listing agent.

Yo could build all kinds of connections and skills that would help you in rehabbing.

Yup, lots of idiots in the mortgage business, but in my experience, there are ten times as many in the agent business...Unfortunately, real estate in general is a low barrier to entry business, so it will naturally attract a lot of people that can't do anything else.That said, those in this industry who are good (brokers, agents, etc) tend to be VERY good...5% of the people have 95% of the skills...