Newbie

Comments(12)

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  nebulousd25th November, 2003

  yeah it is

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  Birddog125th November, 2003

  Steve,
  Where ya from? and what are you looking to get into?
  
  Eric
  [addsig]

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  nebulousd25th November, 2003

  Look into possibly bird dogging or buying a home study course.

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  stephen_walker25th November, 2003

  Im in Atlanta Ga. Im not sure which direction. I take my RE sales course in January and after that I would like to look into income producing RE (obviously)of any kind. Im hopeing to decide that on this fourm.
  
  Im comming out of some bad credit problems and little cash flow, so this will be slow going. unless I can figure out a way to be real creative or find a money tree.
  
  I am however hungry to learn and I want to be a sponge. In 20 years I want my wife and myself to be comfiortable and not have to worrie about anything .
  
  That all may sound cheesy but its the truth. I feel im starting late in my life but better late than never I guess .
  
  Steve

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  jonesoe3025th November, 2003

  Steve -
  
  Welcome to the forum...I recommend that you read the posts and articles in TCI. You can learn a lot from that. Also, join your local REI club...it can help you get on the REI fastrack. Good Luck and Happy Investing!!

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  Zach25th November, 2003

  20 years? Hang around here for a while and I bet you'll find yourself raising your expectations! Good luck! Zach

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  newinvestor4426th November, 2003

  Visit all the forums and read as many articles as possible. This is a great place to learn alot of information. Good Luck.

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  BAMZ26th November, 2003

  Hi stephen_walker,
  
  When you take your sales course in January, it will teach you the language of the real estate field from a Realtors prospective. You will be filled with lots of knowledge and lingo. Unfortunately, the sales course wont teach you how to make money in real estate . . . that is up to you.
  
  After you get your license and if you choose to be an agent for a local firm, real estate will be bought and sold one way and that is by means of conventional funds. Again, it is up to you to educate yourself on "Real World" opportunities that are available right now in the "creative real estate'. The opportunities are endless!
  
  Best of Success!
  
  BAMZ

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  Goose_man26th November, 2003

  Once you take your RE course I wouldn’t go get your license right away.
  
  You might want to do as much research as possible to weigh both sides of the coin.
  
  Speaking from an investors stand point in the State of Washington I've decided to NOT get my realtors license due to a little thing called disclosure. It can work against you!
  
  But there are also benefits to getting a realtors license..
  
  Just do some research before you go get licensed!

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  results_one26th November, 2003

  Welcome to the board. I am also in Atlanta--feel free to pm me anytime. I have only been in the business full time for 4 months, but I have learned quite a bit on this board about all kinds of investing. This is a WONDERFUL place to start.
  Good Luck!

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  stephen_walker26th November, 2003

  Thanks everyone great advice and I plan to stay glued to this board. I am curious about the realtors license /Disclosure thing that was mentioned. Can someone explain.

• 
  SavvyYoungster26th November, 2003

  Hey fellow Atlantian! Welcome to the boards. Be sure to join the Atlanta Group and attend the meetings. That will get you started the fastest.
  
  As far as the RE license, basically Real Estate laws require FULL DISCLOSURE by a licenced agent. So lets say you structure a deal to make 20k. Well, you have to tell all the principals involved that that is what you are making. As a private investor, it's none of their business, but as a REA, you have to tell all.