I know Zillow isn't very reputable, but for the sake for example here is a link.http://www.zillow.com/homedetails/2500-North-Ave-Richmond-VA-23222/12527179_zpid/Second, I thought of Petersburg VA that's about 45 minutes away.

Fabian Johnson Maybe you can give us a little more detail?

For example, on Zillow, it shows this property was listed by bank on 12/21/2012 - but there is no price.http://www.zillow.com/homedetails/723-W-Las-Olas-Blvd-Fort-Lauderdale-FL-33312/43203838_zpid/However, if you press the "View Complete Details" button, it takes you to Wells Fargo where it listed an agent, but the status is "Coming Soon" and price TBD.http://reo.wellsfargo.com/WBREODetails.aspx?

I replied to another thread we're on with more details on what I'm thinking.

http://www.realtor.com/realestateandhomes-detail/222-Grove-Ave_Des-Plaines_IL_60016_M85510-89913Could this also be a supporting reason why CAP rate should NOT be your only metric in buying an investment property?

I always respond to the buyers thanking them and attempt to get details as to the type of buyer they are, how long they have been investing, what sort of properties they are looking for, price range etc.

You posted no details other than an 8% return from holding RE and claim t is lower risk than my suggestion through your arguments.I never stated that the higher returns were derived from or promised by "prophets".While I agree that typically, higher returns usually come with higher risk, a smart investor can achieve both double digit annual returns and low risk via note/trust deed investing.I also agree that understanding risks is important as they relate to returns.

Then I'm usually back home to finish some administrative details, exercise in between and then off to city hall or county recorder's office (only one, the WORST one in customer service, isn't online - the other 3 that I use are all online).

Here is the catch, there are many reputable firms that can guide you with regard to rolling over your retirement accounts to true self-directed custodians that will allow you to invest in Real Estate.

Charges are usually listed in detail in the disclosure packet, which may explain all your fees.