Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Harold H.
  • Renter
  • Lawrenceville, GA
1
Votes |
6
Posts

Tired, No money. Yet ready

Harold H.
  • Renter
  • Lawrenceville, GA
Posted

Hello all,

I have established my team: Contractor, Marketer, Agent, Landscaper. I have also started my business plan, and now I am tired of sitting on the side-line and ready to look into getting my first property. So with all that I would like to know "How do I go about getting my first Property? Oh I forgot to mention I "DO NOT" have any money nor will I qualify for a loan. 

I have a bankruptcy of 3 years now. Any advice will be greatly appreciated. I am in the Atlanta, GA market.

Harold F. Hawkins

Most Popular Reply

Account Closed
  • Investor
  • Sunnyside, NY
114
Votes |
355
Posts
Account Closed
  • Investor
  • Sunnyside, NY
Replied

Great blog post by @Joshua Dorkin 

http://www.biggerpockets.com/renewsblog/2014/08/30/simple-action-millionaire/

Pay yourself first, save money. It doesn't matter how small the amount but spending less than you earn and putting money aside gives you power and you move in the right direction.

Another option is to get a second job. If you can't get into the game on your own right now, see if you can become part of someone else's team by offering sweat equity. Do you want to be a flipper? Offer your free manual labor on weekends to understand how a project flows and what is involved. Do you want to be a landlord? Work with another landlord. Help with doing get readys, help doing cleanouts after tenants leave, ask them to teach you about tenant screenings.

Those would be my two suggestions for getting started.

Loading replies...