Posted by Mel FL on June 18, 2000 at 16:01:23:
I have now bought (or lease/optioned) six houses and I have never used my own money yet. My profit per deal has varied greatly from $1000 to $17,000.
If your starting off with NO money its gonna be hard.
It takes $500 deposit to make an offer through the MLS using the methods that Ron teaches. And getting some motivated sellers to call you takes a few bucks too. But if you have a few hundred to get started, any of the coarses will work. Even if you don’t you can get started by calling FSBO’s and driving around looking for deals (thats the way I found my first deal and it netted me $5000)
The biggest question is, who would you rather deal with, Realtors or sellers? Personally I would rather talk to sellers. Wholesaling is gonna require you to talk to Realtors and L/O is have you face to face in the sellers living room. The choice is yours. The one that I would recomend last is the FSBO module, though the money is big the deals are a little harder to come by.
I also have William Bronchick L/O workshop it is a very good, stand alone coarse as well.
In my opinion as a beginner that was a wannabe for years, it is FAR less important what you do than that you do SOMETHING. If you get any of these coarses and do something everyday, following what the coarse says, any one of them will get you started.
Hope this helps.