HELP Help HELP Help HELP Pleeeeease
There is nothing like a warm afternoon setting back in your hammock and reading the entire Encyclopedia Britanica set. I just cant wait to start reading Websters 3rd Edition Unabridged dictionary.
To everyone who is spinning down the spiral of what to read and what course to take.
What? Where? why? When? and How much?
Including myself:
It hasnt taken me but all of2 books and 3 days on this web sight to figure this out
ARE YOU READY?????
YOU GET WHAT YOU PAY FOR.......And I'm NOT talking about books.
EXPERIENCE !!....
You have to PAY for Experience, someone elses. what i mean is this:
1. Find a money source either your check book or someonelse's
2. Find a deal. a great deal. a STEAL (this my take awhile)(knock on doors etc.) PAY someone to tell you if it is a good deal or not, First.
3. PAY a realestate agent to do the deal FOR you!! Thats right just give the most experienced one you can find a gimme commission.
4. PAY an attorney
5. PAY a mortgage broker
6. PAY anyone and everyone for there services that you know nothing about.
7. Ask questions, listen, and take a little with you each time. Given enough time people will be PAYING YOU for what you paid someone else (hopefully it will be your property they are buying)
Like NIKE says "Just do It !"[ Edited by WheelerDealer on Date 12/01/2003 ]
Unfortunately, a lot of people here are very cautious about jumping into a large investment. Not everyone can risk losing out on a bad purchase, so they choose to educate themselves first. Nothing wrong with that....
I do agree that the easiest way to learn (much riskier though) is to do. I bought my first investment property for 105k ~4 months ago just to see how things would pan out. I figured it was worth the $$ to satisfy my curiosity.
-Chris
[addsig]
Wheeler Dealer,
Now thats a nice post and frankly very true. Of course some of you can shortcut the whole thing, cause you had paper routes, sold used cars, like to play poker, can handle tools and all to some degree have been negotiating most of your life. And thats the big item.
Some of you are textual, means you read a lot. Some of you are Graphic, means you make sense out of displays etc. Whatever.
Just start. Go look at a house for sale and listen to the stuff that dribbles out of the salesmans mouth. Look at the flyer and check out the house. Talk to everybody and from all this information and crap you will pick it all up.
Want to have some fun? Just find a house with a For Sale By Owner, knock on the door. Do Not Call Him Folks, just say my name is William Smith and I am interested in buying a house and yours looks nice, will you show it to me? Take it from there, listen ask questions no matter how stupid. Might even be a little helpful to be stupid, How do you think I got married?
So go for it. Come back and post your dumb questions and we will give you some dumb answers and some very clever answers. I give you about a week and away you go.
Cheers Lucius
Quote:
On 2003-12-01 04:36, Lufos wrote:
Might even be a little helpful to be stupid, How do you think I got married?
Cheers Lucius <IMG SRC="images/forum/smilies/icon_cool.gif"> <IMG SRC="images/forum/smilies/icon_cool.gif">
I have learned more by keeping my mouth shut and play stupid than by running my mouth to show how smart I am.
GREAT feedback!
My apifiny cam from following Lufos posts and reflecting on py past successes and failures.
let me say that my intent was not discontinue reading the encyclopedia or webster. Or even not to be cautious
My point is not to run scared, but to run as fast as you can.
Ron Legrand quotes Syrus and says "many receive advice. Only the wise profit from it"[ Edited by WheelerDealer on Date 12/01/2003 ]
Winners are not afraid of losing. But losers are. Failure is a part of the process of success. People who avoid failure also avoid success. --Robert Kiyosaki
Aim for success, not perfection. Never give up your right to be wrong, because then you will lose the ability to learn new things and move forward with your life. --Dr. David M. Burns
Quote:
On 2003-12-01 11:18, WheelerDealer wrote:
GREAT feedback!
My apifiny cam from following Lufos posts and reflecting on py past successes and failures.
let me say that my intent was not discontinue reading the encyclopedia or webster. Or even not to be cautious
My point is not to run scared, but to run as fast as you can.
Ron Legrand quotes Syrus and says "many receive advice. Only the wise profit from it"
<font size=-1>[ Edited by WheelerDealer on Date 12/01/2003 ]</font>
Have you taken your own advice?
My father made a lot of money on second trust deeds. He tells the story of his first one which he bought from a trust deed broker. He asked the broker why he should buy it from him - the answer "Just buy this one from someone who knows - pay a little extra for the experience - you'll porobably buy the next one on your own " and away he went.
yes Mr. mike i have.
I have 2 meetings with Agents one this afternoon and one tomorrow.
The first one i met from home valuators online. the second from this forum!!
both live in my city and i wont know what they will have to offer untill I go but at least i went and not just read about it!!!!
ya know, back to the encylopedia and webster, i have never read either one of those cover to cover but im sure i know, and you know, quite a bit that is in them just from "doing it" . When you have question they are great for reference.
"Sooner or later one has to stop asking questions about what they want to do and start asking questions about what they are doing" -Sean
[ Edited by WheelerDealer on Date 12/01/2003 ]