Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
Follow this guys advice...
If ya'll just follow this dude's advice you'll have no problem.
These are FUNDAMENTALS.
Of these 10 rules Passion, not doing for money, and being proud has gotten me the furthest. The money is important, and is why a lot of people get into real estate, but if you aren't in this for more than just the money just quit now and do something else.
I read somewhere that most investors, whether it be real estate or small biz, would just become a manager at McDonalds, they'd make more money. This is because McDonalds is a Franchise and the biz plan is already there. Go be a McDonalds manager if you're in this just for the money.
Do Real estate because you strive for freedom, want to change the urban(/suburban) fabric, want to improve, want to build, want to be your own boss, love to analyze deals, want to help or yearn to learn.
To be successful in this also gotta learn the mechanics/strategies on BP etc, and the third part is to WORK your *** off.
1. Fundamentals of business. 2. Mechanics of Investing 3. EXECUTION and EXPERIENCE- DO IT