Posts

Need Help

heathbeech profile photo
  • Tuesday, November 09, 2004 @ 09:57 PM EST
  • 1 Comments

just starting out REI and wondering which way is the easiest way to start as an investor?

Comments(1)

  • no photo
    DavidMOcala9th November, 2004

    Easiest is not necessarily the most profitable. But if you just want to get your feet wet, birddog for someone (or many). Find a deal and turn it over to an experienced investor for a little profit.

    Easiest is also not always the cheapest. Buying foreclosure homes at the sale is pretty easy, but it requires a lot of cash.

    You need to take the time to educate yourself. Read. Attend a local REI club meeting. Go to tax deed sales. Go to auctions. Talk to realtors. Talk to mortgage brokers. Talk to title companies. Take an appraiser to lunch. Drive around the same neighborhood over and over so you start to notice when yards are unmowed or moving vans show up.

    Then set goals. How many offers will you make a week. How many books will you read. etc. etc.

Add Comment

Login To Comment