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Starting Out

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Shane Jacob
  • Houston, TX
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Getting Started in real estate

Shane Jacob
  • Houston, TX
Posted Jan 16 2023, 16:22

if you had $5000 in your savings today what would you do with it (today) what would you do to grow it to 1 million dollars in the next 5-10 years. 

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Adam Bartling
Pro Member
  • Lender
  • Rosenberg, TX
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Adam Bartling
Pro Member
  • Lender
  • Rosenberg, TX
Replied Jan 16 2023, 16:56

@Shane Jacob that is tough on $5K knowing our market in Houston Metro area.  You can help me find pre foreclosure deals and put in a few $$.

Assuming you already have a house with a note, I would sell it and look for a home in an area that is appreciating faster than your current home.  

Maybe become a loan broker and help more people reach their goals and build that cash reserves.  

When I was in college I would flip cars and car / truck performance accessories from junk yard and list them on Ebay and Craigs list.

I own a sign company also and $5K for that business is not enough to do anything, with equipment... 

Selling is the best way to grow, solve someone else's problems or increase their efficiency.  

What are you doing for Full time job and what are you doing for your business?