Best Materials To Begin With
I am first time poster w/ a long time on investment intrest. I am wondering what resorces people have found most valuable for thier intial research that didn't cost an arm and a leg (eg seminars - not saying they don't teach but they may not be intially feasable financially ). The places I have been or items I have found fairly good so far have came from this site, ove course 
, the free ebook here and another site intellibiz. I do have a connection that I believe is a real estate assistant who I am hoping to meet with this weekend, possible mentor?, and I have hella motivation + am a personable network ready person. Please share inexpensive startup resorces that you feel are valuable. You have my thanks and the thanks of anyone who finds this post valuable.
Recomendations so far:
This site - a given
Robert Kiyosaki (Rich Dad Poor Dad, Cashflow Quadrant, Retire Young Retire Rich) - Thanks myfrogger
Local real Estate Clubs - thanks sammyvegas this will be done
Ron LeGrands L/O course - thanks nebulousd
[ Edited by downpayit on Date 02/05/2004 ][ Edited by downpayit on Date 02/05/2004 ]
what type o f investing do you want to do?
I believe that sucess is simply a byproduct of the right mindset. You have to start changing your habits and your thinking patterns and join the club of the rich. I speak very highly of Robert Kiyosaki and his book Rich Dad Poor Dad. Cashflow Quadrant and Retire Young Retire Rich are also very good! The rest of the series is very valuable but I would start with those.
If you keep doing what you've always done, you'll keep getting what you've always got.
These books will help you step up to the plate and learn what you must do to be financially free.
Looking for options for my father, has 100k + in his paid off house + 20k liquid and me & future wife to be are looking for options as well, considering duplex's in the 100k range - both are in apartments ack!. Ideally my father is looking for a apartment complex he could own to return 600 - 700 month. I guess for myself I would probally have to find a lease option scenario, from what I have been reading, to really have a chance try to push the property as rent to own for some hungry tenants. Any suggested direction - or even alternate avenues of research I should do TIA.
[ Edited by downpayit on Date 02/05/2004 ]
Keep the 100k in the paid off house. Dear old Dad should have the peace of mind and security of having a free and clear property to call home.
You have 20K. Leverage it!
Note: You know what I just said? Forget-about-it...IF you can find a property worth...say...260K...and you can buy it for $120K. At that point you should mortgage the house, the dog and anything else and DO IT. Just make sure the property REALLY is worth that much...
P.S. Moorehead, Minnesota... B-r-r-r-r [ Edited by bigideas on Date 02/05/2004 ]
Two obvious other sources of knowledge are the public libraries and the local real estate investment clubs.
Moorehead (like Florida) relative to Duluth or International Falls MN.
I agree with Sammyvegas, I have found that my local real estate club has all the tools that are needed for beginners and oldtimers alike
Lori
[addsig]
I like Ron LeGrands L/O course so if you want to do L/O, I would buy his product. It is sold on here for cheap and there's always the infamous, ebay.
And I'm curious as to how many people have gone to the library, read some books, checked out the books, and then went off and did a deal based solely on the library book.
Well dear old dad sold some inheritance farm property that he was renting out, he wanted someting locally to take care of so he paid off his house bought a new truck ( ) and has some left over(His land was locked in CRP to the renter and he didn't have the resources to manage the property). He is somewhat dependent on the income from the rental so he wants to invest here - he is actively looking at properties. I want to help him because I have no problem researching - just want to get the best source from the guys that know - EG: you.
The Library sollution is a bit vague, but the names people give speciffically are great!! Keep em coming.
Oh and we are having a heat wave in Moorhead, it might get into the upper twenties for a high, while just last week it was -30, got down to -42 in Grand Forks, we won't talk about wind chill.
[ Edited by downpayit on Date 02/05/2004 ]