Originally posted by
@Jeff Berry:
@Jesse Robert Zamarripa III - I hear it all the time. Someone asks for help to get started and as investors we are here to help in anyway we can.
It is true you have to know what cards you are playing with.
1). Figure out you WHY. Why do you want to invest in real estate? Not because of the money but something much bigger, what is that to you?
2). Make a budget and a personal financial statement, its probably going to be ugly in the beginning more like showing you how much debt you truly have, IF, you take a hard look at yourself. - There are examples in the file section of BP or message me for some examples.
3). Read as much as you can on the topic of Millionaire mindset. You have to think big to achieve big. - Pretty good selection on BP website or local library.
4). Listen to podcasts instead of the radio or watching the game. (This was the most difficult for me in the beginning as football is life). - There is a pretty good selection on BP
5). Browse through the information on BP, you will be amazed at the amount of information available for free. And when you get your finances in order to spend a little extra there is a ton more information as a Pro member.
6). Attend local REIA's in your area. Get around people doing what you want to do. Most first meetings are free to attend. - You can find them on BP website or a meetup like website.
7). Get educated in what it means to invest in real estate, first! - A ton of material on BP website.
It is true that you cannot invest in real estate without knowing where you are financially and correcting any of the discrepancies that are in need of attention. How can you get your finances in order if you were never taught what that means. Do some basic math to figure out what you are working with and develop a plan to get you to your why.
But that is what is truly great about investing in real estate, if everyone would just educate themselves on the topic, it really is that simple. Simple, but not easy!
My recommendation, follow Uncle G., Grant Cardone everywhere you can find him. Tune into BP podcasts and the free Webinars that are given weekly. You will begin to realize what you have to do in order to invest in real estate.
Good luck! Stay positive!
Jeff
