This will give you a realistic view of his day-to-day job managing his empire.

Once you've have bids for some job, such as replacing a hot water heater, you can use that for future work.

And they take marketing to get the right kind of Tenant Buyer: Attitude toward Home Ownership strong; low Debt to Earnings Ratio; willing to work on credit and increase income (2nd job, etc); paying for minor maintenance.

I recently got a job so that I could at least get a mortgage, and I am working out something with my siblings so that we could all go in on one, then the next and so on.

If you are just starting out you will be studying, learning, and running your whole business yourself...if you are full time, this is easily a 12 hour a day job (depending on how motivated you are).Once you get your sytems and infrastructure in place, it's just a few hours a day (if that) making sure everything is running smoothly.

Check with a real estate lawyer in your state, but remember, a lawyers job is to keep you out of the grey areas.

Additionally, finding and showing properities is about a third of my job.

I have enjoyed visiting this forum and find it to be one of the best on the internet.I'm new to REI and have a very ambitious short term goal of creating a minimum of $7,500/month income from real estate so I can quit my full time job and do this full time.It appears from my research that the most viable area for me to focus on is Wholesaling in that I want fast results without using much of my own money or credit.I respect the suggestions of the more experienced investors on this forum because I believe experience is the best teacher although it can be painful and expensive.So I'm excited to be here and look forward to some great times.Much Success!

Hello everyone,My name is Tony and I recently quit my job as a poker dealer to pursue real estate investing full time.

Yup good job on the analysis.