Starting out!!!

[Ryan Taylor]

So I have been reading as much as possible lately. However, you can only do so much reading. I mean you can read all you want to but if you don't actually do something then what is the point right? So I am wondering, is it possible to find someone willing to help a new person out? Meaning we did a deal together where we both make money? I believe in paying it forward just not sure about everyone else. Hopefully, one day when someone asks me to help them I will be able to help them out. I have seen a few people offering to help out where it was 80%/20% or 70%/30%. I mean I am not sure what I bring to the table other than the fact that I am willing to learn. I want to be able to make current job part time one day and at the rate I am going it's not going to happen any time soon. I have had the same job for close to 21 years and I am ready to do something else. Thanks in advance to anyone who responds.

Ryan

[Account Closed]

I believe the best way to start your investing is to ----- KNOW YOUR MARKET here are some ideas to baptize you to the market:

• Take your time to look at 50 houses in the area you want to invest. DO NOT make an offer on any of them.
• Keep a journal and notes on everyone; price, price per square foot, keep the listing, note how many days on the market, notes on the comments by the seller and the agent. Be detailed about this information. Take pictures.
• Farm an area - drive, walk or ride a bike, but take your time. You are looking for the ugliest property on the block, one that needs work. Get the addresses and look up on SDAT to find the owners name. Look for FSBO's and agent's signs. Research all, make an appointment to look at them, DO NOT make an offer on any of them. No matter what the agent or owner says, do not make an offer.........MAKE NOTES!
• Find all the absentee owners in your marketing farm area, send them a letter
• Pay for ads in as many publications as you can afford; Wanted - houses - commercial and non-conforming real estate - can pay cash but would prefer some owner assisted financing. No commissions or fees, as is. Family business - Call  555-
• Attend real estate auctions in the area, DO NOT BID! You want to learn the process, you need to understand the market and to meet like minded people. Make friends with real investors, have lunch (you pay)
• Don't be a target for Gurus or people who claim to be the know it all who will help you become wealthy.
• Do the above for a few months and you will have a handle on the market, you'll know what's a good deal and what is not.
• Take your time, study the market ------------- and you will succeed!

Charlie