looking for some guidance

[Jesse Moran]

I'm just starting out.. I'm reading a few books and looking to network and get some advice.. I'm in the Tampa area in FL.  Thanks in advance. 

[Michael Haynes]

@Jesse Moran, Hello. You went to one seminar and got your head filled with possibilities of doing what other people do and you don't know if any of those methods actually make them any money. Where do you start? It's a funny question. "In the beginning." Did you see the movie, The Gambler? 

Goodman: I need to know if you’ve got the f***ing brains to walk when it’s time to walk. People don’t, you know. Ball players that can’t play anymore. A**holes trying to maintain a standard of living that’s not possible anymore. A lot of those around. I’ve seen you half a million dollars up.
Wahlberg: I've been up two and a half million dollars.
Goodman: What you got on you?
Wahlberg: Nothing.
Goodman: What you put away?
Wahlberg: Nothing.
Goodman: You get up two and a half million dollars, any a**hole in the world knows what to do. You get a house with a 25-year roof… you put the rest into the system at 3-5% to pay your taxes and that's your base, get me? That's your fortress of f***ing solitude. That puts you, for the rest of your life, at a level of f*** you. Somebody wants you to do something, f*** you. Boss pisses you off, f*** you! Own your house. Have a couple bucks in the bank. Don't drink. That's all I have to say to anybody on any social level.
That’s remarkably sensible advice for a man that earns his living breaking the knees of people that don’t repay their loans.

Think about it.

Jesse, my idea for beginners is to get a JOB, build up your Credit, save for a Down Payment, Buy a Home. As a First Time Home Buyer the Government gives you a lot of advantages and the best interest rates to buy the place where you need to live. You need to live somewhere, right? You could even start with a Trailer or pre-fab home which are really cheap. A new Trailer can cost $20,000 and the Trailer Park will finance it for you at under 3%. The cheapest trailer I found online this week was in a park for $8,900 or best offer. You can do a Google Search for Trailer Parks Tampa Florida and pick the General Family ones. The Government helps you with HARP loans. They also allow you to Homestead your Home in Florida for a property tax break. The sale of your Residence is tax-free after two years. My current Plan is to have my Residence, which is protected from any Judgements against me in Florida. I need one Rental and I would only Buy a house that I would live in. Your Rental has to make positive cash flow and support itself, so, you probably have to find one to fix up at a cheaper price. Real cheap and that does not mean that you have to Buy in a bad neighborhood. You can put in a zip code for say Riverview in Zillow and learn how to use their map with the three color dots to search for the houses that have sold, are for sale and foreclosures and their prices. Are you handy with tools and such? You can use Sweat Equity and do lots of the fix up work yourself. You can work like this and Buy Up to better houses over time and not pay taxes. On the way you can study Real Estate courses on BP and Google a Search for anything that comes along that interests you or that you want to learn more about and use youtube videos for easy to understand video lessons. You could do a Search for Ways to Buy Low and No Money Down Real Estate youtube...I have the Carleton Sheets course on Low and No Money Down if you would like to study that course. I bought some of my properties with Lease-Options to start with. There are different ways, but, I am not in the Accumulation phase now. I am Selling to just keep the one Residence with one Rental to make tax-free profits as my Real Estate Business Plan. I trade Futures in the mornings for Daily Cash Flow.