Re: Where do I start?? - Posted by ShermanDC
Posted by ShermanDC on April 14, 2002 at 01:02:54:
Start where you are.
Not trying to be “flip”, but I am serious.
Don’t buy a thing - you have no money.
Instead get a list of all the real estate investment clubs that meet anywhere close to where you are and go to the meetings.
Ask three questions:
1 - Where does someone start who has no money;
2 - What are the best strategies currently being used in this marketplace by successful investors;
3 - Who out there is doing great things and is willing to teach me?
If you go to three different clubs and ask five to ten investors (not other newbies, but investors) these questions, chances are that one or two names will keep coming up.
Go find these people and cut a deal with them.
Give them your time, give them some of your profits, go to work for them (if you have to) but get to know them and determine if: a) you can trust them, and b) you can learn from them.
If you are really motivated, they will figure out a way that you can make some money “working for them”. Take the money from this first deal and put some away for a future deal, buy a course or book or tape they recommend and give some to your church.
You learn by doing not building up your real estate library with books and tapes you never read or listen to.
Hope this helps.