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Updated almost 9 years ago on . Most recent reply

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Victoria Somerville
  • Kannapolis, NC
1
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New member from North Carolina

Victoria Somerville
  • Kannapolis, NC
Posted

I'm a new investor trying to get started and finding it difficult. I'm being pulled in different directions. I want to be able to purchase buy & holds so I can build up income to retire and help my daughter the same way. I have and LLC investing company started with my daughter as my partner but can't seem to get any investing done. Not much in my area so I'm trying to branch out to the city of Charlotte which is the closest big city to me. I just watched the webinar on Marco Rubel and sounds interesting but don't want to pay the cost of the course if possible. Any help in using the steps he talked about would be greatly appreciated

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Randy E.
  • Rental Property Investor
  • Durham, NC
1,311
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Randy E.
  • Rental Property Investor
  • Durham, NC
Replied

Hi Victoria. 

First things first, whatever you do, don't pay hundreds or thousands of dollars on a REI course before you know what you really want to do. I don't know about that course specifically, but there are dozens of threads in the BP forums about people who spent a lot of money on those type of courses and came away with very little to show for it. Some people spent over $20K-$30K and ended up very frustrated with the situation.

There is so much information available here on BP for free that you should make this site a priority in your initial REI education. Listen to the podcasts for free. Read the articles written by Real Estate Investment professionals. Read the threads here in the forums for free and ask questions. This is a very friendly place and there are many people here who want to help you be successful.

When you get to the point where you feel like you need to spend money on your REI education, before signing up for one of those courses you've heard about elsewhere, try reading one or two or three of the books on the BP site. From what I've heard, many of those Guru REI classes end up with the guru instructing you to read a couple of books to learn how to proceed in the business. Instead of paying someone $5000 for them to tell you to buy and read a book, just buy the books yourself and save the $5000.

Oh yeah, look around for a Real Estate Investment Club and attend a meeting or two.  There are several in Charlotte, and I think many are free.

Good luck,

Randy

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