What Should Be The Next Step

When I find a run-down, or vacant home, what should be my next step?

Thanks a lot.

Comments(7)

  • InActive_Account20th December, 2004

    Do your Due Dilligence... Find out the owner information, get comps from local properties in the area.. You want to be armed with as much information about the property that you can.. Then approach the owner however you see fit, phone call, mailing, knock on door....

    For a well layed out play I suggest you make a small investment in one of the courses sold here at TCI

  • JohnMichael20th December, 2004

    Capitalist

    I do not want to be brash with you but all 3 of your post show that you have not taken one vary important step as a future investor and that is to study real estate investing.

    I highly suggest going to your local library and read up on this subject and your next step should be to the used book store and pick up a few books on creative investing and after reading up a little take a course or two on the subject that you have an interest in and go for it.
    [addsig]

  • tinman175521st December, 2004

    If you don't like to read, look for a real estate investing club in your area. The one I belong to has seminars all the time regarding different issues.

    Lori
    [addsig]

  • jbinvestor22nd December, 2004

    Well...

    Whether you pay a little for the home study course now and be done with the lesson, or you'll pay for it a lot more later on for the same lesson.

    there are two ways to learn, "the easy way & the expensive way".

    In all honesty, it would take an entire course to explain to you the next steps, an article would only leave you with more questions.

    With what you said in your last post, makes me think of a surgeon saying "I can't pay for medical school right now...not until I've perfromed my first operation".

    Good luck though, and again I recommend the easy route.

    JB

    [addsig]

  • Capitalist24th December, 2004

    So what would be a good course to start with? Something for the wholesales business. Thanks

  • JeffAdams27th December, 2004

    You can purchase Ron Legrands Wholesale/Retail course on Ebay for a couple hundred bucks.


    Best Regards,
    Jeff Adam
    [addsig]

  • kenmax27th December, 2004

    study, study,study.................km

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