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 18 years ago,
I see why new investors hate newbie’s
I see why new investors hate newbie’s
If you're a newbie this post may be hard on you, but if you have wondered why investors seem to hate newbie's PLEASE don't think it's is because they don't want you taking up all the properties and running out of business. I look at message boards and attend a REIG meeting and I see these newbie all the time and I hear a few things constantly 1. a newbie asking WHAT IF question on EVERYTHING they seem to have read in the books, the most annoying are the what if's and have you questions like what if this breaks or have you found more lead in the MLS or in the paper? The fact is I do feel that these questions are stupid especially the later because there is nothing clear and cut in RE things and situations change one investors clam to fame may not work in the VERY next town over. The part about if something breaks the bottom line is if you can't afford to fix something if it breaks then having tenants is NOT for you…YET. There are other areas you should look into to build cash reserve. The second thing I see newbie's do is the life story type where a newbie's give you his/her life story about what they are doing in life and what they do and now there on hard times and they just have to make real estate work, now I'm sorry for your misfortune and I'm even sorrier if you've spent countless hours reading going to seminars and now you READY to do real estate but the simple fact is action speaks louder than words, so if you are spending all of your free time reading up on real estate your failing. You should be spending all of your free time talking to sellers and finding deals, that is the only way to get into real estate please have no one make you believe otherwise.
So to newbie’s I have a 10 step by step guide to getting started into real estate
The best part is it’s free
Step ONE
How many sellers have you contacted?
If the answer is zero please contact more sellers
Step TWO
How many motivated sellers have you contacted?
If the answer is zero please contact more sellers
That is it
WHAT???
You said there where 10 steps!!!
Yes I did however if you have not gone past these steps you don’t need more information cluttering you head up. So if you have done these steps and have completed them and need the other steps contact me and if I find you have done these steps you will get the others and they are free as well.