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Updated about 10 years ago on . Most recent reply

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5
Posts
2
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Vanessa Saddi
  • Carson, CA
2
Votes |
5
Posts

Where to Start!

Vanessa Saddi
  • Carson, CA
Posted

Hi guys,

I am a 19 year old tattoo artist making about 500 - 1k a week. I am saving up all my money hoping to invest in some real estate. I am a young artist/ entrepreneur hoping someone will take me seriously. Where do i start?! 

Most Popular Reply

User Stats

119
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50
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William Baumann
  • Real Estate Investor
  • Elkhart, IN
50
Votes |
119
Posts
William Baumann
  • Real Estate Investor
  • Elkhart, IN
Replied

@Vanessa Saddi I am new as well, but here is my take.  If you want to be taken seriously, build a serious image of yourself and your business. Brand marketing and you and your business are the brand.  Write down your plan, better yet, write out a business plan.  It will really help you focus in on what you are wanting to do in real estate.

Then start your company. File for an LLC, build a website, get business cards, define your marketing strategy, and then the two parts I have found the most difficult so far; building your team (realtors, buyer investors, investor sellers, lawyers, hard and private money lenders, title companies, tax person or CPA, contractors, trades, etc.), and finally, learn your market (where are the upper, middle, and lower class neighborhoods, what to home prices go for in those areas, if your planning fix and flip-what kind of amenities to buyers expect in each of those neighborhoods).

Once you have a good grasp on all that, decide what neighborhood or area you want to work in and start marketing those areas.

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