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Ken M.
  • Investor
  • Get yourself trained before doing something inadvisable.
1,694
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Getting Started, Profitably - Safely

Ken M.
  • Investor
  • Get yourself trained before doing something inadvisable.
Posted

New people ask me all the time, "What now?

and "How do I Do This . . ."and they Say, “I have Analysis Paralysis" and "I’m Just Getting into Real Estate" and "How Do I get Started" and so on. Two people just PM’d me specifically on those types of questions.

How do you know what questions to ask? So, here’s the answer

You Start at the beginning and ask what your goal is.

Real estate only consists of a few components.

1. Time 2. Money 3. Knowledge 4. Execution 

You can learn all of it (almost for free) if you dedicate enough time to the process. You can speed up the time considerably (that takes money) by having someone take you hand in hand all the way to the purchasing and managing of properties. But ultimately, you are the one that has to execute the plan.

It's all about the "Time Value of Money" and "Missed Opportunities" and "Getting Started". What is Your Future Worth?

Since most people starting out don’t have the real estate vocabulary, I’ve taken some subjects and listed them here. You don’t have to do all of these, but you do need to do quite a few to become a roaring success in real estate investing.

Ask whoever is going to teach you if they cover the Following and find a better teacher, if they don’t. Now, go buy some properties!

Subject To
Finding Sellers
Structuring
Negotiating
Contracts
Processes
Structure
Paperwork
Agreements
Disclosures
Pitfalls
Recording
Escrow
Due On Sale Insurance

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