Comments on: 5 Ways to Start with No Money and No Credit? http://www.biggerpockets.com/renewsblog/2009/12/15/5-ways-start-money-credit/ Learn, Network, Invest Sat, 11 Feb 2012 01:23:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ryan Moellerhttp://www.biggerpockets.com/renewsblog/2009/12/15/5-ways-start-money-credit/#comment-83242 Ryan Moeller Tue, 25 May 2010 19:36:53 +0000 http://www.biggerpockets.com/renewsblog/?p=9428#comment-83242 Michael,I have some recommendations that I hope help. First, do not overcomplicate things by trying to learn and be comfortable with every strategy, step and task with real estate investing. Focus on becoming a master on one thing. Such as finding deals in your market. Educate yourself and learn until you are comfortable with that one thing until you are an expert. Divide and conquer my friend. I hope this helps. Michael,

I have some recommendations that I hope help. First, do not overcomplicate things by trying to learn and be comfortable with every strategy, step and task with real estate investing. Focus on becoming a master on one thing. Such as finding deals in your market. Educate yourself and learn until you are comfortable with that one thing until you are an expert. Divide and conquer my friend. I hope this helps.

]]> By: michaelhttp://www.biggerpockets.com/renewsblog/2009/12/15/5-ways-start-money-credit/#comment-83154 michael Fri, 21 May 2010 12:39:42 +0000 http://www.biggerpockets.com/renewsblog/?p=9428#comment-83154 Hello I have read the tips about how to make money in real estate with no money out of pocket and no credit I have also seen other matiral on the same subject but I can not wrap my head around what to do I have read the tips but they make no sence to me I am a complete begginer and i want to get into real estate but have literaly no money to use hence why I would like to get into real estate to make money so when I hear you can do it with no money or credit I realy want to try but can you please discribe to me in detail what to do and the easiest thing to make money for a begginer in real estate, what to do, how to do it in more detail so I can understand it I appreciate the five tips but they just dont go into enough detail for me sorry. Please help me understand so I can get started and try to become finacialy stress free. Thank you if possible send answer to my email. thank you. Hello I have read the tips about how to make money in real estate with no money out of pocket and no credit I have also seen other matiral on the same subject but I can not wrap my head around what to do I have read the tips but they make no sence to me I am a complete begginer and i want to get into real estate but have literaly no money to use hence why I would like to get into real estate to make money so when I hear you can do it with no money or credit I realy want to try but can you please discribe to me in detail what to do and the easiest thing to make money for a begginer in real estate, what to do, how to do it in more detail so I can understand it I appreciate the five tips but they just dont go into enough detail for me sorry. Please help me understand so I can get started and try to become finacialy stress free. Thank you if possible send answer to my email. thank you.

]]> By: Ryan Moellerhttp://www.biggerpockets.com/renewsblog/2009/12/15/5-ways-start-money-credit/#comment-76518 Ryan Moeller Mon, 21 Dec 2009 17:53:17 +0000 http://www.biggerpockets.com/renewsblog/?p=9428#comment-76518 Dominique, I live in San Diego and competition is ridiculous. That is the case in many of the larger overhyped markets that are expensive. LTVs are not as good and cash flow is sometimes non-existant. Some of the ways I recommend to do deals with no money and no credit are very difficult in these markets. That is why I did a ton of research and target other areas where I can mitigate risk by finding tremendous cash flow and tremendous LTVs. Deals in those areas can be done with no money and no credit and I am proof as I am doing it right now.So I totally agree with you. Believe, go find it and make it happen! If it is not working in your neighborhood, target a new area. Thanks for the great comment! .-= Ryan Moeller´s last blog ..<a href="http://www.realreturnrealestate.com/index.php?option=com_content&view=article&id=225:west-cleveland-cash-flow-duplex&catid=57:current-projects&Itemid=88" rel="nofollow">Cash Flow Duplex</a> =-. Dominique, I live in San Diego and competition is ridiculous. That is the case in many of the larger overhyped markets that are expensive. LTVs are not as good and cash flow is sometimes non-existant. Some of the ways I recommend to do deals with no money and no credit are very difficult in these markets. That is why I did a ton of research and target other areas where I can mitigate risk by finding tremendous cash flow and tremendous LTVs. Deals in those areas can be done with no money and no credit and I am proof as I am doing it right now.

So I totally agree with you. Believe, go find it and make it happen! If it is not working in your neighborhood, target a new area. Thanks for the great comment!
.-= Ryan Moeller´s last blog ..Cash Flow Duplex =-.

]]> By: Dominiquehttp://www.biggerpockets.com/renewsblog/2009/12/15/5-ways-start-money-credit/#comment-76509 Dominique Mon, 21 Dec 2009 15:51:49 +0000 http://www.biggerpockets.com/renewsblog/?p=9428#comment-76509 I think 'satrap' is, unfortunately, bound by his own limiting beliefs. All the ways you mentioned to get into real estate with little or no money out of pocket are doable. The opportuities are there you just have to (1) believe it, (2) go out and find it, and (3) make it happen! It won't fall in your lap, but it's happening everyday. I think ‘satrap’ is, unfortunately, bound by his own limiting beliefs. All the ways you mentioned to get into real estate with little or no money out of pocket are doable. The opportuities are there you just have to (1) believe it, (2) go out and find it, and (3) make it happen! It won’t fall in your lap, but it’s happening everyday.

]]> By: satraphttp://www.biggerpockets.com/renewsblog/2009/12/15/5-ways-start-money-credit/#comment-76438 satrap Fri, 18 Dec 2009 23:34:44 +0000 http://www.biggerpockets.com/renewsblog/?p=9428#comment-76438 Thanks for the tips. But you know its not as easy as it can be said. I am an optimistic myself but the truth is a person with no money or credit cant get too far. Yeah 1 in million but com on, we are talking about real people its not a move that that one person is going to be you. I hope it didn't come out sounding as i am bashing you or something. Dont get me wrong, its a great article and these are some solid tips. But i dont think its doable. Thank you. .-= satrap´s last blog ..<a href="http://www.blogstash.com/7-common-viral-marketing-mistakes-to-avoid-to-successfully-promote-your-blog-product-or-service/" rel="nofollow">7 Common Viral Marketing Mistakes To Avoid, To Successfully Promote Your Blog, Product, or Service</a> =-. Thanks for the tips. But you know its not as easy as it can be said. I am an optimistic myself but the truth is a person with no money or credit cant get too far. Yeah 1 in million but com on, we are talking about real people its not a move that that one person is going to be you.
I hope it didn’t come out sounding as i am bashing you or something. Dont get me wrong, its a great article and these are some solid tips. But i dont think its doable. Thank you.
.-= satrap´s last blog ..7 Common Viral Marketing Mistakes To Avoid, To Successfully Promote Your Blog, Product, or Service =-.

]]> By: Ryan Moellerhttp://www.biggerpockets.com/renewsblog/2009/12/15/5-ways-start-money-credit/#comment-76337 Ryan Moeller Wed, 16 Dec 2009 18:11:10 +0000 http://www.biggerpockets.com/renewsblog/?p=9428#comment-76337 Great quote Liz! I also love this quote, "Not having a plan is planning to fail!" Happy Holidays! .-= Ryan Moeller´s last blog ..<a href="http://www.realreturnrealestate.com/index.php?option=com_content&view=article&id=225:west-cleveland-cash-flow-duplex&catid=57:current-projects&Itemid=88" rel="nofollow">Cash Flow Duplex</a> =-. Great quote Liz! I also love this quote, “Not having a plan is planning to fail!” Happy Holidays!
.-= Ryan Moeller´s last blog ..Cash Flow Duplex =-.

]]> By: Liz Voss with San Antonio Real Estatehttp://www.biggerpockets.com/renewsblog/2009/12/15/5-ways-start-money-credit/#comment-76336 Liz Voss with San Antonio Real Estate Wed, 16 Dec 2009 17:53:03 +0000 http://www.biggerpockets.com/renewsblog/?p=9428#comment-76336 Enjoyed the article. Shauwn said it best when he mentioned "willing to work". You also have to think outside the box, and need a lot of persistance. With that being said I'd like to quote "All the good things that have happened I made happen, while all the bad things I let happen". Enjoyed the article. Shauwn said it best when he mentioned “willing to work”. You also have to think outside the box, and need a lot of persistance. With that being said I’d like to quote “All the good things that have happened I made happen, while all the bad things I let happen”.

]]> By: Ryan Moellerhttp://www.biggerpockets.com/renewsblog/2009/12/15/5-ways-start-money-credit/#comment-76317 Ryan Moeller Wed, 16 Dec 2009 07:26:44 +0000 http://www.biggerpockets.com/renewsblog/?p=9428#comment-76317 Thanks Shauwn, I am glad you enjoyed it. Happy holidays! .-= Ryan Moeller´s last blog ..<a href="http://www.realreturnrealestate.com/index.php?option=com_content&view=article&id=225:west-cleveland-cash-flow-duplex&catid=57:current-projects&Itemid=88" rel="nofollow">Cash Flow Duplex</a> =-. Thanks Shauwn, I am glad you enjoyed it. Happy holidays!
.-= Ryan Moeller´s last blog ..Cash Flow Duplex =-.

]]> By: SHAUWNhttp://www.biggerpockets.com/renewsblog/2009/12/15/5-ways-start-money-credit/#comment-76314 SHAUWN Wed, 16 Dec 2009 01:29:16 +0000 http://www.biggerpockets.com/renewsblog/?p=9428#comment-76314 Great line about "bending your criteria to make the deal work". To be successful you have to be willing to work. Great article. Great line about “bending your criteria to make the deal work”. To be successful you have to be willing to work. Great article.

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