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Updated over 18 years ago on . Most recent reply
Hello out there!
My name is Chris and I'm right outside of Chicago. I've been a passive real estate enthusiast (is this a great oxymoron or what?).
Anyway, I own a couple of low-end properties but now I want to wake up and blossom and explode (in a good sense, of course).
I've played 'stalker' to the real estate business: been to sheriff's R.E. (REO) auctions, keep a weekly eye on HUD & VA lists, bought some, sold some and even lost a couple!
In short, I'm a somewhat failed real estate investor trying to ressurect. I want to concentrate in the gold mine area of foreclosures.
Have I rambled too long? I need all the help & support I can get.
Oh, did I mention that I was laid off from my day job.
Most Popular Reply
Welcome to the forum, RE Prospector.
Sorry to hear about your job (well kind of sorry). You seem pretty motivated and that's a good thing. How long can you survive without income to build your RE business? Maybe getting a part time job or something might be a good idea as you resurrect your business. You've got to pay the bills as you build your future.
In my opinion, the quickest way to get income in real esate investing is wholesaling. You can get a decent size check in a matter of a couple weeks. It would require an extreme amount of focus and effort to make something that quickly, but it is completely possible.