Updated about 9 years ago on . Most recent reply
Getting Started In Notes; Am I being realistic?
Hey Folks,
I need some help here. I really don't know what to do anymore! I've wanted to invest in real estate for so long now it's not even funny. I live in Las Vegas, I have my sales person license and property manager permit. My fiancee and I have finally removed all negative accounts from our credit and have saved up about $8,000. On recommendation from BP members awhile back, I read Gordon's book "Performance Anxiety". I love the idea but he mentions starting with $50,000! Is it unrealistic to start with my meager $8,000? We want to do something with this money. What if we saved to $20,000? At 23, still in student loan debt and still in school, saving $50,000 doesn't seem like it will be possible for us in the very near term. I don't know what to do. We had considered using the money to start an aircraft management and brokering company, which would also be a big undertaking. I don't know what to do and it's stressing me out! Please help!
Best Regards,
Jason Eyerly
Most Popular Reply
I can't stand people saying "invest other people's money" when the person in question never did a deal of his own. What stupid advice.
Yeah Jason, go borrow a 100k from your uncle Joe and buy a bunch of notes with it..