What do you do when you’re not making money and you want to buy a nice house but you don’t know where to start? What tips do you have for any self-professed “non-mover” who wanted to get into the real estate market but didn’t know there were any laws against it? How do I save money on rental fees that usually add up to nearly 20% of the monthly rent? Which companies are the worst of the worst?
These are all great questions that you probably can’t ask in person and don’t get answers in this short blog. The real estate industry is very, very competitive and if you’re a beginner, you need to be prepared to invest in the “new” companies and learn the intricacies of the law.
So while I don’t know exactly what you should do, here are some resources that I recommend you consider:
The Ultimate Guide to Buying Homes Online
Buying an Investment Real Estate
A Guide to Lending to the Real Estate Industry
Learn from a Pros’ Lifestyle: How to Grow Wealth Using Real Estate
How to Use This Guide for a Successful Real Estate Investing
Get a Free Ebook on Buying Homes
Learn how to become a REAL Estate Investor or Owner by reading
The Ultimate Guide to Buying Real Estate
This is the best book I have read for real estate investors. It’s one of the most honest and realistic guides on how to start, grow and finish real estate investing. It will help you avoid most of the pitfalls of the world of investing and will teach you how to build a profitable real estate investment portfolio.
For example, you’ll learn how to set up a company called “Gilligan’s Island Property Company” and how to buy a home in a new property. You’ll also learn how to find a seller, how to negotiate a price, how to negotiate a mortgage with lenders, how to set up “cash out” clauses. It will teach you how to manage a portfolio of “investments,” and how to handle the ups and downs of a real estate investment.
My Thoughts: I think this book is great and will help you become a strong real estate investor. But it wouldn’t hurt to buy the book, especially if you live in a state with different real estate laws, real estate taxes, or real estate regulations than what we’re used to. The real estate industry is very competitive and you don’t have