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Old 21st June 2007, 03:21 AM   #1
Semetha
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Join Date: Jun 2007
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Default How To Get Direction-am Into Real Estate Investing

I am looking for some help and guidance to learn about Real Estate Investing. I need something that will walk me step by step through investing in Real Estate. I have read a few books and attended a few seminars on the matter but they are not what I am looking for. I am specifically looking for a product or a trainer that will tell me my options on obtaining the money to do deals or even if have to put money down at all, etc.
Thanks

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Old 21st June 2007, 03:26 AM   #2
Peter Bowen
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I was once a real estate investor. Can you be more specific about what you intend to achieve with your real estate investing.

Cheers

Pete

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Old 21st June 2007, 11:36 PM   #3
business10
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how about if you work as a property agent for six month or more. i think it would help.
have you done robert kiyosaki seminars ? is it useless ?

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Old 22nd June 2007, 02:00 AM   #4
wilson_flagg
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The problem with many seminars is that the speaker is more focused on selling you their product or boot camp versus giving you real knowledge that you can apply.

An ideal product trainer is www getrealrei.com The content is very informative and Iím sure you would be benefited.

Good luck,

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Old 25th June 2007, 09:26 PM   #5
SeattleCPA
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I think real estate is a terrible business for a newbie with limited capital to get into to... Sorry, but it's very commodity-like. There are too few barriers to entry on the low-end... And it's too influenced by writers and seminar speakers touting it as the easiest way to get rich quick (so it attracts too much riff-raff).

And here's something else to think about: With real estate, you often need to invest $20 in order to get $1 of income. So, to make $50,000 a year, you might need a $1,000,000.

In comparison, with an active trade or business, you need on average to invest $2.50 in order to get $1 of income. So, to make $50,000 a year, you might need $125,000.

Why not invest in something that pays a 40% cap rate rather than a 5% cap rate?

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Old 26th June 2007, 08:31 AM   #6
Onlineconvey
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You may consult regarding this topic with a real estate investor who has already been in that field from last last few years.

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Old 16th August 2007, 03:16 PM   #7
akurmang
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Join local real estate investors group, you will meet people who have done it for years, get their input.
Check out this website johntreed.com/Reedgururating.html it offers reviews on all those guru magic get rich quick advises

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