Starting Out

This is basically a journal for me to hopefully keep up with my progress. As of 11/22/11 I finished reading "Profit from Real Estate NOW!" with listening to "Become a Real Estate Millionaire" on my iPod prior to receiving the "Profit" book. Needless to say it was full of information on how-to almost ver batim. The life stories in the books assists me in knowing that there were people close to the same situation that I am currently in. We all didn't have to be born with a silver spoon in our mouths to be successful in this area. Just a little ingenuity, courage, and persistence we can all achieve our goals and help others in the process. As of yet I have not completed my first deal. For whatever reason, I feel like I should have about $100,000 to spend on investment property as a safety net. No money down, use other peoples' money. It's all coming to me slowly but surely.

Prior to finishing the book, I did go to a real estate office and asked for investment property listings, foreclosures, bank owned, etc. from the $150,000 range and down. I sorted through and looked to see what would possibly be a good deal. Thankfully she printed out the page that showed how long the properties had been on the market, so that allows some room for huge negotiations. So, that's about all the real estate investing career list that I have at the moment.

TheDrummer

Starting Out

Hello everyone!

This is my first time posting. I just got my first property under contract, so I'm excited and little nervous at the same time. Hopefully, I can get a buyer ASAP. Currently, I'm advertising the property and keeping my fingers crossed for good luck. Thanks!

HWRJ

Godspeed with the progress!

thedrummer105's picture

Godspeed with the progress! They said the first 3 are the most nerve-racking, but hang in there!