All Forum Posts by: Landen Ward

Perfect. I understand now. Thanks to both of you for the help.

Where I was confused was as to why my personal payments didn't rise with the house, but as you mentioned, the loans/mortgage with the bank stay the house even when the house value rises. So any rise in value is pure profit to my pocket.

Ohh, so the answer to my question would be my payment value flucuates while money out of my pocket stays the same?

I understand it's possibly an irrelevant question in the eyes of R/E investing, especially at my level of expertise, but I just thought I'd ask out of curiosity since I don't do well not understanding something.

Thanks for the reply!

I recently read an article on how Real Estate is a great tool to invest in against inflation. The used example was a 20% downpayment. After inflation caused the house to double in price, the downpayment was apparently quadrupled? I'm not sure how this works. I would think the downpayment would be cut in half since your downpayment was while more money was contributed to the overall value.

Also, it said something about not having to pay as much towards a fixed loan anymore.

I'm new to this if you can't tell. Thanks!

Wow, thanks to all of you for your inputs! Especially you Bill! That'll keep me busy for weeks, which is what I'm looking for. I didn't even think to dig that deep into the basics, but I'd rather have a firm foundation of the knowledge than an okay understanding of complicated/risky concepts.

First of all, I apologize for those of you primarily looking to help people out with actual problems or decisions on their hands, because I don't have either of those. I am simply looking to learn.

If anyone would please help me out a little, the real state game so far is quite overwhelming. At the moment, I'm a freshman in college and don't have the prerequisites required to take a real estate course. What would help me out a ton would be if anyone could list a few basic real estate concepts for me to research. I don't mind researching on my own and currently do a lot, so explanations are optional. But frankly for now, I don't know where to start.

Any help would be great. Thanks!

I thank all of you for your inputs. Would any of you go as far as to say this is the best area for a new, young investor to start out in? If not, then what would you say is? I can assume that any sector of real-estate will have its own complications and that none of them will be a cake walk, but it still sounds like there is a lot of risk associated with wholesaling beyond just losing money.

Oh okay, thanks Jon!

But also, what if you can't find someone else to come in and buy the real-estate? Are you tied down to buy the house at a set date or do you just back out in that situation to stay true to the "no risk" of wholesaling?

I'm new to the Wholesaling idea and have done a little bit of research. So far I have come across numerous articles saying how you "negotiate a risk free contract" with the seller, only to sign the contract off to the new buyer. I can't seem to figure out what the "contracts" consist of. I just see them saying that you find a rundown house, make the contract, then sell it to an investor? It seems simple but I guess I'm missing something. Any explanation and more would be very helpful. Thanks!

I came across this site in an article I was reading out of interest in Real Estate, and from what it looks like, I think it is amazing. But if anyone could help me figure out how to eventually thrive on here, anything would be great. Any advice on: How to effectively post, how to get colleagues, or even basic investment topics to research would be super helpful.

I'm very interested in gaining knowledge of the Real-Estate business and have a few goals I have covered in my profile, but since I'm still new, advice is a must!

Thanks