All Forum Posts by: Donald Cooley

Welcome to BP Alex. You've certainly come to the right place. I'd start with reading the online books here....one is actually called getting started. Also get into the podcasts, listen and re-listen and take notes. Check out the weekly webinars, browse the forums and ask questions, read the blogs, and set up key word alerts. Find a local REIA group and network. Best of luck getting started!

Don

Don't give up @Sean Sloop. Stop looking at how things aren't working and change your thinking to be how can I make it work. There are so many ways to busy into this business, you just need to find one that works. 

Personally, because of a short sale just under 3 years ago, I can't get a mortgage. I kept listening and reading and asking questions here on BP and found a way. We went seller financing, minimum down set our rate, set our payment and closed the deal! It was rented less than a month later and cash flows about 300 a month. Point is off you want this bad enough you will find a way! Keep pushing and keep hustling it will happen! Good luck with getting moving! 

Welcome to BP! What part of real estate world are you looking to get into? There's plenty to learn here on this site. Make sure you dig into all the forums, books, webinars, and podcasts. There's a tremendous amount of information available. All the best in your future real estate endeavors!

@David Zamarron Thanks yes it does. Certainly another avenue for getting in the market.

I to am going the owner financing route. I have a short sale on my record from just shy of 3 years ago. I wrapped up my first rental via owner financing and have made several offers the same way since. Personally I really like this method, no banks or extra hoops to jump through. Closing was quick and easy, and the property cash flows well.

Congrats on your success!

Welcome to BP! Are you looking to be just an agent, or a investor, or both? 

Welcome to BP Russell! If you need inspiration you've come to the right place! Immerse yourself in the podcasts, the forums, the webinars,  the blogs, and all the articles. There are so many ways to get started you just need to find your in. Posting on here is a good start. Good luck with getting started in investing! 

Sorry, I have to ask, how do non performing notes work? What does one do with them when you purchase them? 

@AndrewHalbert I agree, if dealing with rentals I'd rather not deal with basements and all the potential issues and expenses. 

Congrats on your first deal, we got ours in January. It is definitely a rush and I understand the desire to get on to the next one! Keep on pressing and keep on learning!