Rental Property Investor · Springfield, MO · Member since 2019 · 462 posts · 365 votes
6y
You want to become an investor... do you mean you have a lot of extra cash that you want to lend out to people for their real estate investments or do you want to start investing into real estate?
Rental Property Investor · Springfield, MO · Member since 2019 · 462 posts · 365 votes
6y
You want to become an investor... do you mean you have a lot of extra cash that you want to lend out to people for their real estate investments or do you want to start investing into real estate?
Investor · Indianapolis, IN · Member since 2019 · 53 posts · 62 votes
6y
Whether you want to fund other people's investments, or acquire your own assets you should start by doing research. See which method aligns with your goals, and what asset class best fits your style of investing. Listen to podcasts, read books, and continue to research as much as possible. Real Estate investing allows anyone the freedom to invest. Whether you have a lump sum of cash saved, or you have no cash at all, there are ways to finance the assets (through conventional financing or OPM). All it takes is some creativity, and finding the right deal! Keep in mind that 99% of "deals" are not deals, you are looking for the 1% that can give you a solid return. When acquiring a deal, you are usually acquiring a problem and that is where you make your money. Purchase and a good price, and always make sure the numbers work!
Investor · Durham, NC · Member since 2016 · 39 posts · 12 votes
6y
Jerrill Noorden thank you. maybe im not express what I want to do. I want to flip houses and also have a rental property. I don't have the funds at hand to do it. But I know there are companies that can help, just don't know how to reach them. Someone did say get a mentor but wasn't able to tell me how to do that. Thank you for what you said. If you have any other information for me, please tell me. It's been in me for years to do this and im doing it. Willing to take all the help and advice.
Jerrill Noorden thank you. maybe im not express what I want to do. I want to flip houses and also have a rental property. I don't have the funds at hand to do it. But I know there are companies that can help, just don't know how to reach them. Someone did say get a mentor but wasn't able to tell me how to do that. Thank you for what you said. If you have any other information for me, please tell me. It's been in me for years to do this and im doing it. Willing to take all the help and advice.
It doesn't matter what you want to do. Get a website, now!
Then find out your local REI meetups, and more than likely you will have private money and hard money lenders stalking the group to get them to borrow money. In any case, you can't go wrong surrounding yourself with others that are also in to this space.
Investor · Durham, NC · Member since 2016 · 39 posts · 12 votes
6y
Jerrill Noorden thank you. maybe im not express what I want to do. I want to flip houses and also have a rental property. I don't have the funds at hand to do it. But I know there are companies that can help, just don't know how to reach them. Someone did say get a mentor but wasn't able to tell me how to do that. Thank you for what you said. If you have any other information for me, please tell me. It's been in me for years to do this and im doing it. Willing to take all the help and advice.
Jerrill Noorden thank you. maybe im not express what I want to do. I want to flip houses and also have a rental property. I don't have the funds at hand to do it. But I know there are companies that can help, just don't know how to reach them. Someone did say get a mentor but wasn't able to tell me how to do that. Thank you for what you said. If you have any other information for me, please tell me. It's been in me for years to do this and im doing it. Willing to take all the help and advice.
Go to your local REI meeting.Ask a ton of questions, and that will set forth a path for you.
That is the first step, while you set up your website!