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Updated over 15 years ago on . Most recent reply

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Sid Bengeloun
  • Huntington, NY
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Best way to start? Bird Dog?

Sid Bengeloun
  • Huntington, NY
Posted

Hey there!

I'm kind of new to this whole concept of investing in real estate. And I am very ambitious as far as pursuing this. I would be an investor however, I have no money to invest. So i thought that maybe bird dogging would be the way to go? I'm not too sure. If someone is willing to semi coach me or help me out as i go along, that would be awesome and i would be eternally great full. I know people pay a whole lot of money for coaches and and things like that but why do we have an online community if we can't help one another out? =)... I personally would pay for coaching but i am not in the financial position to afford it. I am motivated so i have that going for me.. hahaha. I am currently located on long island and as many of you can imagine.. the market here for real estate is horrible

But anything at all you throw my way would be extremely helpful, even if you say dream on kid.. I'd use that in a way to power myself to go on and do greater things.. so yea... go for it guys.. And thanks in advanced for taking some time out to help a guy like me get up on my two legs :mrgreen:

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Timothy W.#3 Off Topic Contributor
  • Attorney
  • Viera, FL
1,569
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Timothy W.#3 Off Topic Contributor
  • Attorney
  • Viera, FL
Replied

Sid,
The way to do this is not starting with the mechanics of real estate investing, but the motivations of why you want to do it. Real estate investing sucks a lot of the time at the beginning. It is easier though if you have a specific thing you want in mind.

Tell me what you want in the end. What do you visualize your "ideal" life being and what you need to make that happen? Do you want 10k a month coming in or do you want 1 million in cash sitting in the bank or do you want to make 200k to buy a business that makes whatever per month?

Tim

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