OfflineI forgot to mention I also have no money,I love working with real estate even
before I read deans book which was like a sing from god someone just gave it
to me to read. I readit all non stop in a 3 days every free time I had.
I was so overwhelm with all the information. Im surprise I still remenber everything from time to time.
my wife not legally also helping me by becoming a real estate agent shes almost done the course.
The only problem is i got fire form my job and now we are both unemploy, have no money living on credit card,with only a
balance of 300 or so dollars that I can use to invest on this but i really need get some money to pay my bills,
I was thinking of using this money for the succes academy but i still have to make poster and stuff
and I also have been putting in offers directly to the listing agents.I have a great properties in my area
I just dont know how to handle the question where is your enerst money??.am ready to take a leap of faith
some one please bring me some tools to destroy these walls around me.
My blessing is on those people who trust in me,
who put their confidence in me. 16
They will be like a tree planted near a stream
whose roots spread out toward the water.
It has nothing to fear when the heat comes.
Its leaves are always green.
It has no need to be concerned in a year of drought.
It does not stop bearing fruit. Jer 17:7-9
I have been researching and studying ways to break into this real estate industry and I need someone with more experience to guide me through DG's processes. I'm a hard worker very detailed. I can find the properties and build a database for cash buyers or people looking to lease with buying option. I just need someone willing to walk me through a deal or two.
We working at dead end job, but we still work while try to get something new. you have to able to work on your own security and support you own before making decision to end it. taking care you than you help others. work while try to get financial education, mentor, power team and plan action. good luck to all of us. peace out ^_^
Be happy and go healthy ^_^
Ling and/or Dustin
It's not easy, but it can be done. But, you've got to want it badly enough to push through the pain.
Here are my suggestions. I like to call it "The Tight on Money Plan".
Step 1:
Call EVERY For Rent number that you can come across (i.e. newspaper ads, signs in yards, etc). You're wanting to find out: 1) is this property also for sale?, 2) if not this one, do they have another one that they want to sell, and 3) are they interested in purchasing any additional properties because you come across deals all the time. (MAKE SURE to keep accurate and organized notes of your calls)
Step 2:
Drive your neighborhoods looking for vacant properties. You are looking for the worst properties in nice areas.
Your goals in these two steps is to locate motivated sellers of properties that may not be widely known about, and also to find a few buyers that might be interested in your properties.
Step 3:
Follow the steps in Dean's books that tell you how to get a Real Estate Agent on your team. They can provide you with lists of cash sales that have occurred in various areas, and they can let you know of areas that they believe are "hot" areas that investors have been doing a lot of buying (this will help you focus your efforts)
Step 4:
Final step is to locate a Title Company or a Closing Attorney that can do double closings (Some states use Title Companies, some use Closing Attorneys).
Extra Steps:
If money and time permit, add the following:
1) Attend your local REIA (Real Estate Investors Association). This is a great resource to network with other investors in your area.
2) Get business cards. Usually best to go through www.Vistaprints.com. Spend whatever you can to at least upgrade so that you don't have the Vistaprints logo on the card. They don't have to be top of the line business cards, just not bottom of the line either (can turn some people off unfortunately)
3) Buy bandit signs. Usually best to go through www.signwarehouse.com. Dean describes the best size and color signs to use in his books. Bandit signs will help you find sellers for properties that aren't widely advertised.
TIP: For anything that you may have to order online, do a Google search beforehand to see if their might be any old coupon codes still available for your order.
These steps are by no means all there is to know about real estate investing, but it should get you rolling in the right direction. Also, searching this site on a regular basis and asking questions will help you a great deal. I've met a lot of helpful people on this site, that is why I do my best to give back.
Good Luck, Stay Determined, and Hope this info is helpful,
Stephan Roberts
"In absence of clearly defined goals, we become strangely loyal to performing daily acts of trivia!"
Here is a FREE property analyzer I've found:
https://tvallc.infusionsoft.com/go/RehabLite/sroberts/
It's a great tool to use to help analyze your deals (and did I mention it's FREE)! But, you really should spend the $97 and get the full premium edition! IT'S AWESOME!!
We will succeed.
Be happy and go healthy ^_^
Ling and/or Dustin