All Forum Posts by: David Beckley

You are definitely in the right place for the answer. Just don't get paralysis by analysis. The quicker you take action, the sooner you will be on your way. Good luck!

@Jerry Stanford yes, agent and broker are separate 

@Jerry 

@Jerry Stanford you just have to pass the exam and have a sponsoring broker. After two years, you can take the exam to be a broker

@Nick Doria where can I find a week long class in Illinois? I've got my license in Missouri and would like to have it in Illinois, but I don't want to go through two months of studying

I use the calculators exclusively for my business and make all my offers based on them. The more you do, the more comfortable you become with all the data 

I'm not sure if you are looking to start doing some money making activities, but if you are, start driving for dollars looking for vacant properties! Go to the education portion of this site and read everything you can about wholesaling. If you can learn the correct way to wholesale (as this site teaches you), it could be the foundation for a very promising career. Best of luck to you!

I think the data you have does warrant further investigation at the very least. Positive cash flow for me is top priority with appreciation dead last.  Buy and hold in real estate is similar to buy and hold with stocks. If you've got a solid company that's giving a good yield, history of paying dividends, solid growth history, and you know you are going to hold it for 20-30 years, it's a good potential. There are other factors to consider as mentioned in previous replies.

It's a numbers game my friend. In this business, it's about taking massive action. The more offers you make, or better yet, the more properties you analyze, the closer you will get to getting your first property. The MLS is one of many places to find deals, and the MLS is the most competitive right now. It's a seller's market , so they have their picks. I've been in a sales environment most of my adult career and I can tell you once you figure out the numbers game, you've figured out the most difficult part. I make it a point to make 20-25 contacts per day. I focus on that only. If I make the contacts, regardless of the outcome, it's a good day. I can talk about sales all day long, hope this helps.

I plan to be there Peter!!! Looking forward to it.

Read Brandon's book "Investing with No (Low) Money Down". If you pick up a few of those strategies, you will be well on your way to amassing wealth. Young and no kids, you have the right foundation to get started right away.