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Updated about 9 years ago on . Most recent reply
New Member from Chicago, IL
Hi everyone! I have heard really good things about this site so I thought I would go ahead and sign up. I am a newbie out here in the real estate world. While I have owned a few rental properties here and there, I never truly knew what I was doing, nor cared at the time.
Now that I have a little over a year before I reach 40, I realize it's time to get serious about my retirement and future, because a lame 401k or SS isn't going to do it. I have always enjoyed touring houses and learning all I can about them.
One of the things that really appeals to me about real estate investing is that I can also make a difference in people's lives. I can help save them from going through foreclosure or bankruptcy. Someday I hope to get to mentor status myself and help people learn to start their own real estate investing business.
Right now, I have purchased a couple of education programs via the Internet ($10k altogether) and I have enjoyed them very much. I also have hired a real estate coach to get me started. I have learned and read so much. Now is the time for action. No need for additional products.
I have been going to my local REIA meetings (when I'm not working for my J-O-B) and last evening, attended a free group which gets newbies started in wholesaling for no fee. It's more of a split-the-profits time of arrangement at the beginning. Fair enough.
I am sickened when I see the predators out there who have TV shows on A&E and HGTV partnering with scam "education" companies. They prey on poor people and people they know have no chance on ever turning their lives around. That is sick! I did sign up to be an affiliate of a program to market their education products, but after three months or thinking about it, I realize I want to focus my efforts on making money investing, not being a salesperson.
So that's me! I'm looking forward to reading the posts and learning more and hopefully someday having the experience to be able to answer questions and partner with other real estate investors.