What would you tell a new investor to do to get started
Nov 17th, 2008 | By admin | Category: Real Estate Investing in GeneralI have been thinking a lot lately on what I would do differently in starting to invest and what I would tell new investors if the were thinking about getting started.
In looking back I think the biggest change I would have made is to have stayed in the wholesaling stage a bit longer so that I could have built up a larger supply of cash before purchasing some buy and hold properties.
In reading some forum entries on this topic here are some of the top suggestions from others:
Right out of the gate a person should pay down their bad debt, improve their credit score and then save cash. That alone is going to make investing a whole lot easier
Find your local real estate club and find someone doing what you want to be doing in your area. Become really good at some service that might be of benefit to people and use what you got to get what you want
Keep your day job as you get started in Real Estate
There were many more posts with a lot of great information that I read. I am curious – what would you do differently or what would you tell new investors to do if they are just starting out today? Please post and share your tips and information
Alf and Jeanie Gizzo have found a niche that will allow investors to obtain 3 to 4 times the typical market rent on a property and do so without a lot of the typical hassles of being a landlord.
I had the opportunity to meet with Alf and Jeanie and learn about what they are doing and how others… Continue reading Webinar on how to get 3 to 4 times the market rent and generate some serious cash flow
Alf and Jeanie Gizzo with Earth Walker Properties have keyed in to a special niche over the last couple of years that has allowed them to generate 3 to 4 times more rent than normal on single family properties. Needless to say this has resulted in a substantial increase in cash flow.
They have taken time to refine the… Continue reading Learn how to get 3 to 4 times more rent on your single family properties
I am sure that you have been hearing a lot lately about Social Networking and Social Media and how it can help establish you as an expert and drive business to you ….. well this is a very true statement.
Some of you know this already and some may not, but during the time that I was MIA from Real… Continue reading Social Media and Social Networking
