Low or no money real estate investing

Rental Property Investor · Stafford, VA · Member since 2017 · 6 posts · 0 votes

Hi, I Hello, BiggerPockets Family, My name is George A Tarpeh and I was just recently introduced to this site. I am trying to gain the knowledge to learn the basics and grind of the real estate market and become a real estate agent. I'm currently enlisted in the military but I am trying to push towards a career that I'm more interested in pursuing. How do you start? What are the first steps? What were some speed bumps you encountered to become How do I acquire a property and how do I make money on it. Low or no money real estate investing. Am also willing to learn from someone that's willing to teach me and help me grow. Thank you all for sharing information. Love that I'm able to network with likeminded individuals with the same goal. George A Tarpeh

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Ashley Hernandez

Yuba City, CA · Member since 2017 · 101 posts · 52 votes

George A Tarpeh you will first need to assess what YOUR goals are as an investor!!! That will help you refine what you might want to read or research!!! Then out some action items to complete and start networking!!!! You need to look up local REI meetings and attend a few find one that fits your goals!!!! Good luck BP is an amazing resource! Thank you for serving!!

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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
9y
George hit the books.. you can read on BP here or simply go to the library and read how to real estate books.. the other thing is you can buy used guru materials on e bay for pennies on the dollars most of those have some good actionable items.. and also of course many items that are not realistic to down right illegal.
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George A Tarpeh
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Rental Property Investor · Stafford, VA · Member since 2017 · 6 posts · 0 votes
9y
Jay Hinrichs what is guru materials? I am going to look it up but what help do I gain from them? Thank you
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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
9y
Guru= than merril armando montolongo rich dad poor dad... Scott Yancy tarik and whats her name
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John Thedford
Real Estate Broker · Naples, FL · Member since 2013 · 9k+ posts · 6k+ votes
9y
Here are some ideas. First, remember that investing in real estate for profit and wealth is not fast nor easy. It takes time, patience, education, and a true drive to succeed. You will find more people on the sidelines on BP than actually doing something. Second: realistically, low or now money down deals are not typical and generally not going to generate the wealth we all want. So, to make things work, and at a faster pace, is to use OPM--other peoples money. That can be the bank, a friend, a coworker with money, a hard money lender--whoever you can find that will lend. Now, you are going to have to sell yourself. Why would they give you money? If you can put in some of your own money to show you are willing to risk yours, they may be willing to risk theirs.
It won't be fast or easy but it CAN be done.
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Ashley Hernandez
Yuba City, CA · Member since 2017 · 101 posts · 52 votes
9y
George A Tarpeh you will first need to assess what YOUR goals are as an investor!!! That will help you refine what you might want to read or research!!! Then out some action items to complete and start networking!!!! You need to look up local REI meetings and attend a few find one that fits your goals!!!! Good luck BP is an amazing resource! Thank you for serving!!
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George A Tarpeh
OP
Rental Property Investor · Stafford, VA · Member since 2017 · 6 posts · 0 votes
9y
John Thedford hi John thanks for all the wonderful feedback. Do you think I will need any kind of licensing before I can set the ball rolling or not ? Thanks
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John Thedford
Real Estate Broker · Naples, FL · Member since 2013 · 9k+ posts · 6k+ votes
9y
License not required but my opinion is you can never know too much. I know some very successful investors with licenses and I know people with licenses that will never be investors:)
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