Tricks on How to Get Started in Real Estate Investing

Published: 02nd July 2010
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Let's face it. If you're reading this, you either ARE an investor, or want to get started investing in Real Estate, but SO many people, say SO many things... some is great advice, and some is "garbage", so I'm going to try and get you off on the right foot!

There's NO doubt about it ... do you want to learn this business, then, you need to INVEST . The question... is "what" do I have to invest? No, it does "not" have to be MONEY!

For beginners like you in real estate you are looking for ways on how to make money fast with a real estate deal, you need to learned the things, but there's "More Than One Way to Skin a Cat". (or flip a house!) If you have the financial resources, there's nothing wrong with spending a few hundred for a program, paying a few thousand bucks and going to a bootcamp, or spending extra money to have an experienced real estate investing coach. .

But the truth, is most rookie investors couldn't even come CLOSE to forking out that kind of "jack"! I certainly know I couldn't, when I got started! So how "do" you get started in real estate investing then?
You have to invest either TIME, or MONEY, to become a creative real estate investor!

Before you make a decision on what type of investing do you want to invest in Do you want to be a house wholesaler? Want to learn how to do short sales? Do you want a subject-to-buying? Are you convenient, and love to recreate or "rehab" houses? There's dozens or possibly hundreds of ways to earn and make money with creative real estate investing, even you are a starter.

Once you've "done your homework", and know what type of investor you want to be "when you grow up", then it's time to get educated! If you have money to spend, get a GOOD training program from a good real estate trainer. For $300-$1000 you can get a program consisting of CD's, DVD's, manual, books, and other tools . If you have more to spend, you can attend a live "real estate bootcamp ", where for 2-5 days you can be personally trained. Even higher up the ladder, and more expensive, you can hire a coach, or real estate mentor.

If you're like I was when I started in real estate investing (WAY in debt) Resources can be found on the web are also good idea to find your niche.

You can spend extra money in starting a real estate investing, however, make it sure you do not exceed your budget, and it shouldn't "break the bank". Save your pennies, and start off with a $300-$500 program. "It's hard by the yard, but a cinch by the inch!"

Don't be in a hurry... start carefully, and consider making $500-$600 by finding a "seasoned" investor a deal, and getting paid for it, as a "bird dog". Put the money towards a $500-$800 training program, and do ONE deal. Put that money into a bootcamp or real estate investor seminar, and get the training you need. Good luck!

Nick Cifonie is a long-time real estate investor, speaker, and mentor. You can get a FREE membership to "Real Estate Investor TV" by going to: http://www.REI-TV.com . Members can watch the series described above, as well as login to the private area and get free seller leads, free videos, audios, and more... all chosen to make you a better investor.

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Source: http://nickcifonie.articlealley.com/tricks-on-how-to-get-started-in-real-estate-investing-1631703.html


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