Starting over at 50 in Florida
Hi everyone, I am newly divorced and starting my life over at 50. I'm broke, care taking for my 81 year old mother with alsheimers. I know real estate can get me independent and back on my feet again.
I rehabbed houses for investors for ten years until the housing bubble burst. I live forty miles south of Tampa Bay. I know the ins and outs if rehabbing but I don't know how to aquire properties. I want to learn the right way. If anyone has the room for a student or has the time to take me under their wing and teach me. I know it's never too late to start again. You never fail until you stop trying
I thank you in advance for your help,
Jon T.
Most Popular Reply
Well - here's the thing...
Newbies come in 2 varieties - those who don't know either real estate nor life, and those who just don't know real estate. Consider yourself fortunate, Jon!
Real estate won't set you free, but you can use it to set yourself free. You can leverage real estate. And in fact, you can leverage people!
You don't have money to buy the deal and finance the rehab - fund someone who does.
You don't know how to find a deal - find someone who does.
Give them what they need but "get in" with them. It'll start slow - they will make most of the money. But, that'll change over time...
Good Luck!