All Forum Posts by: Chris Villalobos

thank you all for the encouraging words :) it means a lot to me.

Hello!
I'm just exited to share with anyone that I have already attended my first class to become a real estate agent with bob houge! 
looks like it's a lot of information that I need to learn judging from the size of the book ._.
but no worries, I'm sure I can do it! :)
I believe this is the first step to becoming an investor, and I can't wait to be in the field.

hello :)
I have been reading as much as I can about real estate investing for the past week, and one article I came across in Reddit made me especially curious to how other investors think.
The article explained: "So you want to be a real estate investor. Congratulations! Hundreds of thousands (if not millions) of people have had this same thought. Over the last ten years the proliferation of "reality" TV has made the real estate investing, in particular flipping, "sexy". As a result, everyone believes they can do it. The reality is somewhat different.

The truth is real estate investing, when done correctly, isn't difficult from a logical point of view. The challenge, as with most wealth building paths in life, is it takes not only knowledge but significant mental and emotional adjustment. After going through the process of becoming a full time investor over the last ten years and watching hundreds if not thousands of new investors disappear during that time, often without buying even one property. My observation is the emotional adjustments are most difficult challenges to overcome."

So this got me wondering and now I want to ask you, the investors:
1) do you agree with the article?
2) If no, what makes you disagree? 
3) If yes, can you share some examples of real life experiences that you went through that proves the articles point? what adjustments did you make?

Thank you for anyone who replied, I'm not going to rush and act on anything, I'm going to attend the weekly REIA meetings in my area every week and learn as much as I can about anything.
thank you for taking the time to help me out :)

hello Richard, thank you for your imput, perhaps you're right. 

Hello :) I just signed up recently and am very exited to hear from all of you.
quick intro about me, 20 y/o male , recently got fired from job, and is now starting my education into Real Estate.

I recently took a 3 day seminar from fortune builders about the basics of investing, they made it seem so good and brought up the concept of wholesaling and I was extremely curious. It was when they asked me to go to a private lender to borrow 35k to buy their program when I told them to take a hike. 

so now I decided to make an account here and learn as much as I can from you guys :). so now I'm still interested about wholesaling and think it's the best place to start, I'm just overwhelmed with information and I don't know what to do.

fortune builders told me to start looking for buyers first and ask what kind of properties they are looking for, this way i can build my buyers list, so i'm already planning to attend a REIA meeting in my town tomorrow, but how do I find sellers?? what must I ask? what must I know about the homes? how can I protect my initial investment in case all my exit strategies fail?

from what I read in some forums, wholesaling is tough, I can see that now, it takes time and a lot of effort.
the reason I'm starting here is because I'm now unemployed. I have A LOT of time, and it's the cheapest way to start. I can only use 2k of my own money to start, and that's basically 70% of my saving. even if I manage to make 5k in 2 deals I feel that's a great start. 

also, I heard I should make my own website. is this correct?

please, if any of you have any information, tips, and advice, please don't hesitate to say so