Re: So many generalities, so confused… - Posted by matt
Posted by matt on January 29, 2002 at 03:01:15:
I understand what you are talking about. All the information can be overwhelming. I’m a beginner and I’ve only been studying for a month but I know a lot more than I did a month ago. Here is how I started.
I found this site and started reading the posts. Most of them I didn’t understand, because as I said, I had no background in real estate at all. The posts made me more interested so then I started reading the How To Articles. Then I went back to the posts. I must have been going back and forth for a couple of days. The more I read, the more excited about real estate investing I became.
Then I came across a very helpful post by a guy named JOHN BOY. If you read the posts on this site, you will see some names over and over again. RON STARR is another name you will see. There are many others. Anyway, JOHN BOY had this long post that helped me focus and I found it very helpful. I advise that you read it. Here is the link:
Read it from beginning to end. Don’t worry if you don’t totally understand it or why it works. Just read it. I didn’t read ALL the information three times over as he suggests in his post, but there were many articles that I found so interesting or didn’t understand that I did read them a number of times, but that’s me. You may only need to read something once. If you have any questions, either search for them in the archives, or post a question to one of the message boards
I found that you will gain a lot of insight into creative real estate by reading the How To Articles and the Money Making Ideas articles. Also keep this in mind, as you read the posts and articles, you will find that it will make other questions come to mind. When that happens, do a search in the archives and more than likley you will find the answer to your questions. If by chance you don’t, post a message to the site and someone will answer it.
After following JOHN BOY’S advice in his post, I found an investment strategy that I wanted to explore more, and did a search for it in the archives, and just started reading. And now I can say that I know a lot more than I did a month ago.
I also picked up a course which I’m studying now after I posted a question to this site asking if courses were worth it or not. I received many opinions, and after reading them all, I decided to purchase one. You may not want to do that. That is up to you. You may want to go to the library and learn that way. The reason I went with a course is because a lot of the books about real estate in my local libraries were written in the 80’s or late to mid 90’s. I wanted up to date information, so I decided to buy a course.
That’s it. That’s how I started educating myself. I still have a lot to learn and I still have many questions. But the questions that I do have I can find the answers here on this site. I hope my advice helps you.
If you have any questions. Let me know.