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Updated over 6 years ago on . Most recent reply

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Gilbert Ramos
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How to get started???

Gilbert Ramos
Posted
Hello Everyone, Sooo me and a buddy of mine have recently started learning about REI and were told to come to BP to learn more and since then we have been hooked and want to get started! We’ve been listening to podcasts, taking notes and trying to take in as much information as we can. We are very motivated to get this started and want to see if anyone could help us.. we don’t have money to put down but both work full time jobs and make decent money. If you guys could maybe lead us in the right direction or network us with someone who is willing to teach us how to get started. Thank you in advance.

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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
2,501
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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
Replied

Here is the quick and easy. Find someone who NEEDS to get out of their house and would be willing to sell it for less than market price. Buy that house, clean it up, fix it if it needs fixing and sell it.

Buy below market price because the sellers have issues in their life, add value to the property, sell at market price.

I would definitely go to Alamo REIA. Pay the $200 for the yearly membership. Well worth it. Meet some people, take them to lunch and learn a little bit about what they are doing. Get little bits from a bunch of people and it will all start to fall into place.

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