Study the past and current market and go with that.

You will be much better off to spend you time studying and learning this business and saving your cash.

I studied the market for seven years and got a sense of what areas I'd buy in and where to avoid, and carefully considered the long-range view of the rental market as I intend to rent it out.First, do not approach this lightly.

I’ve been reading all the BiggerPockets recommended books, listening to the podcasts, and I’m even studying to get my California real estate license so that I can get my foot in the door and get a feel of the market out here in San Jose.

Just to share a little about myself, I am a student at Illinois State University in Bloomington, IL studying accounting.

Typically, agents lack followup, and studies show the majority of Expired Listings convert 3 to 6 weeks after withdrawal.

I strongly recommend you do some study of this business before you jump in.

I own 5 condos in Cancun(topcancuncondos.com) and our bookings are down in this economy and that area is arguably # 1 in the world as well as the best place for using the U.S Dollar.

The wealth of knowledge you have provided here is certainly a generous gift.Years ago I studied for the real estate broker's exam but decided against going into the field - not that the knowledge hasn't served me well over that time.During the last 30 years I have been deeply involved in high tech, primarily the PC industry, including a couple of decades running my own business selling and servicing computers, ran an ISP and have worked my way up to industry spokesperson in that field.Now I am looking to widen my horizons, even though I am not kidding myself into thinking this is "easy money" or that I will jump into this full time right away.Specifically, I am interested in applying my high tech skills to this field, finding both traditional and innovative ways to leverage my abilities to market properties, starting out on the lower end of the spectrum and working up from there.I look forward to exploring any opportunities that I may be offered, working with as many people as I can effectively service, learning everything I can, and teaching if I am fortunate enough to be able to.Again, thank you for providing this opportunity,Ken

Study personality profiles and the way people process information and the results of improved communication will reap you many rewards over and over with a win/win outcome in most cases.9.