investing
I want to start investing in real estate. But I don't have a ton of money. What would you suggest to someone who want to start a business in investing in real estate? I went to a three day training course with fortune builder this pass weekend but I couldn't afford the 35k for the mastery course. I keep hearing them say you can invest with no money. Buy how is my question ? Were do I start? Thanks
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- Rockland, MA
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Welcome. Fill in the foundation below. Remember the money doesn't have to be yours you could work with someone who has money.
Check out the Start Here page http://www.biggerpockets.com/starthere
Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.
Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 80 past ones to catch up on.
Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers.
Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook
Consider checking out HUD homes for small multi's owner occupied gets first crack.
You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.
Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over
Good Luck
Paul
Great !! Thanks Paul : )