What are the essentials for someone just starting out?

[Stephanie Swanson]

Hi everyone, What are the essentials for someone just starting out? I have a general idea, but would like feedback in case I overlooked something crucial. Thank you! Stephanie

[David Dachtera]

@Stephanie Swanson,

Well, yeah - that's a broad question.

In the education to which I'm connected, there are some "essentials" classes:

• Real Estate 101 - Terms, Transactions, Team Members, other basics.
• Creative Acquisition
• RE Marketing - Selling Strategies
• RE Red Flags - Spot Bad deals BEFORE you get into trouble
• Tax and legal I and II (2 days) - Benefits of Business Entity Structure, How-to
• Self Directed Retirement Accounts - Private Money
• Finding "The Deal of the Decade" Every Week - Finding Off-market properties
• Credit Management - Personal and Business Credit
• Debt Acceleration - Pay off sooner, pay less interest

Hope this helps ...