Where to Start.

Congrats on starting your RE journey to success! This is a very big question you ask In reflecting when I first got started, I would suggest that you first decide what strategy you want to use. Each one takes different steps, so you will definitely go on overload if you dont start out focused on one to start. I knew I wanted to fix and flip. So I began by driving all the areas around me to discover which neighborhoods I wanted to target. When I saw realtor signs, i would call the person listed on the sign. From there I would get a feel for them - how fast they respond, how fast they would make an appt., how they responded to my being a new investor. I went through 8-10 before I found the one who is now on my team. From there it went through walking through countless properties and learning how to figure rehab costs, running the numbers, etc. until I finally found my first deal! So thats just how i got started. If you want to bird-dog then its another story. Anyway - hope this helps some, and good luck to you! Remember - nothing will happen unless you take action! Go for it!

I've been reading all of the posts and realize since I have no money and lousy credit, I'll have to negotiate deals for other investor's first (until I can get some money to buy my first property.) So my question to you all is: How does one determine the "acceptable/correct amount" "Finder's Fee? Is it a certain percentage-based number e.g. based on the total cost of the property, or what? Thank you for your replies!
Your Friend in Business,
Jensdream