This is especially true if your RE investing doesn’t pan out, which is highly likely for exactly the reasons Tom K is saying.

In addition, the banks are sometimes alarmed when no agent is involved as they want to make sure that the property is marketed sufficiently to get the "true market value".

While this is true for a lot of them, it's not true for all of them.

The same is also true if there is being remodeling done to an existing property that amounts to over $10,000.

I just hope that I'm not getting into the game too late.

This may be true.

I am not an attorney or CPA but I did stay at a Holiday Inn Express last night so…RE is a relatively simple business (I did not say easy necessarily) that many complicate and take themselves out of the game before they even get started.

A real estate crash typically takes months or years giving you time to think, strategize and react.It's true that the stock market historically has more volatility but as many have learned when the real estate market crashes some times you can't get out in time.What is fundamentally true with any asset market is those who try to time them get burned.

Unfortunately, this man has a huge ego (since he was going to get profits and not a specific amount for his work, he insisted he be added to the deed), and in exchange for setting specific "rules" (ie true budget, time line...) my friend made a more lax contract in exchange for a signed quit claim deed.

This is final nail in the coffin for the investor but an absolute windfall for the tenant.I'm convinced most tenants come out of a foreclosure well ahead of the game.