Why haven't you done your first deal? - Here's the solution . . .

[Ken M.]

One of the first things to do to overcome all of the barriers to real estate investing is to decide what kind of investor you want to be.

Decide if you want to do "Fix & Flips", Foreclosures, Rentals (Buy and Hold), Notes,

"Subject To" - my favorite, "Quick Cash" - another of my favorites,

Multi Family, Commercial, Apartments, REITs, Construction, Private Lending, Hard Money Lending, Wraps - another one of my favorites, and I think I've left out a couple ;-)

If you have a Pension, 401(k) or Roth IRA, you can invest that money and grow it tax free.

You can team up with someone who has the experience and do the "step by step" route with them and learn the process, just be sure to find someone who is doing that which you would like to do. They don't have to be in your local area, but they need to have done a bunch and need to have systems in place that allow them to teach you by occasional in person visits, by phone, by text, by email, and by Facetime.

In my opinion, you are MUCH better off teaming up with someone who knows what they are doing than you are paying for a one year guru program, for a couple of reasons:

1) The cost - I am told these TV personality programs run from $30,000 to $75,000 with little or no hand holding

2) They deplete your money, which prevents you from actually investing, And that substantially slows you down, with the end result of discouraging most people.

So, first order of business:

Pick two types of investing and write them on a piece of paper, then do a two hour research on BP and other sources to see if you like the direction it takes you.