Trying to join the club

[CR Baca]

Hey guys, over the past 3 months I have started to learn about investing, LLCs, and real estate. Fortunately I have a flexible schedule that has allowed me to do this. Furthermore, as a Masters student, I am a trained learner! In May I will graduate with a Masters degree in Biology. Sadly I am just now seeing that degrees won't lead to financial security, which is why I am shifting gears into entrepreneurship.

I am in beautiful San Marcos, Texas, the area is booming and would like to take advantage of real estate opportunities. Today I go down the the lawyer's office to form an LLC for purchasing and selling properties. Any advice on how to do this on a shoestring budget to begin compounding success is greatly appreciated. As a divorced, disabled, 37 year old, single dad of 2 I don't have much money to invest, and it is because of those reasons that I will be successful in whatever I set out to do.

Its an exciting time to be alive and I look forward to joining the cool kid club!

[Michael Ealy]

If your question is how to do real estate on a shoestring budget, the short answer is "HUSTLE". Talk to everyone you know that you buy and sell real estate. Be a man on a mission. Get to know as many real estate people as possible:

• appraisers
• attorneys
• bankers
• contractors
• hard money lenders
• landlords
• leasing agents
• mortgage brokers
• private lenders
• property managers
• real estate agents
• rehabbers
• title companies
• wholesalers

Because any one of the above can become a source of property or source of buyer, or source of money for you. Network like crazy.

Once you find a good a great deal, the money follows. I've done over 1,000 deals using NONE of my own money because I am really, really, really good at finding great deals!