All Forum Posts by: Samuel Mercer

Go to the largest realestate office in your area.Call and make an appointment to talk with someone about a career in realestate(I say career because when an 18-25 year old calls me and says "hey man you hiring I need a job" I usually do not return the call.Be serious,on time,willing(to do what ever they ask of you),show up shaved,well dressed(not a suit necessarily...but good jeans nice polo and decent shoes),and be polite and respectful starting with your first phone call.That said expect THEM to pay for your schooling if you want to become a realestate agent,in return you will probably end up signing a 1-2 year work agreement saying you will do nothing in realestate other than work for said entity.Also look at up front fees.Some realestate agents here pay for a desk in an office on a monthly basis...if it is that type of office I would go somewhere else.Expect a low commision rate to start,after all they are paying to start you out and need to recoup the cost of that.Be eager to learn,but do not be the annoying new guy lol.

All that said if you are serious about becoming an investor there is almost no better way to start.You will learn your local market,realestate transactions and laws.It is always better to know more than the other guy when investing.

If you show up on time,work hard,and show promise you will do well.
Oh,if the first office you go to does not need anyone at that time do not give up. Go to another office...until you hit all in your area...if they all say no...go back to the first one and talk with them again,if they still say no move onto the next one ect.

PS one more thing...that 500 you have plan on spending some of it on things like business cards.

My first piece of advice. Drop the victim act.There is no place for a victim anywhere(welfare line maybe?). If you had it bad,and you may have. The best thing is to never be there again so do not start any conversation or introduction ever playing the victim. Ok on to some of your questions.

Where to start making money.
1. Get a job. I know this is not something you want. With a job comes something you need,MONEY.
2. Sell what skills you have to an employer.
3. Develope more skills,continue your education.
4. Learn everything you can about what it is you are actually trying to do.Right now no matter what you think you lack even the most basic understanding of business.

Do these things now not later.

Brief history about me so you know where I am comming from.
I dropped out of high school.Did the retail/crap job from the age of 17-21 or so.Then I went back to school and on to colledge.Got a middle management job I hated(but i did make a very small amount of money...that was needed later).Saved every penny I could.Then I went through a realtor to purchase my first property.This almost turned into a nightmare.Everything was wrong. To high closing cost,to little value,not worth what I paid.Pissed I decided to learn what my realtor should have know.So I got a realestate lic. I learned very little in that process,but some.I worked both my middle management job and realestate job for over a year.Selling new and existing property learning from a very skilled broker the business. Bakc to school again this time for a broker lic.Then(very important part)with the money saved and some knowledge hard learned I started to buy property.Unlike alot of investors if I could not turn a property in 30 days I did not buy it.I also continued working with clients(mostly banks and other investors) servicing and maintaining properties,listing them ect...all the time learing and staying one step ahead of the market.I have turned over 50 properties at this point.And made my clients (investors and banks)money. Now several years into this business I am helping banks liquidate the hundreds of forclosures they are faced with,and in the process building my own net worth and net worth of investors I work with.This is not a business for someone who does not want to work...and work very hard. An average day for me is 10-12 hours of WORK.I now earn over 6 figures on any given year.This year looks great as well.

You expressed a desire not to work.And played the victim card as your introduction.Change you life.Change your attitude.And realize nothin is going to be given/handed to you.Earn your station in life.I am so sick of the people who think they are owed somthing lol.So in short change everything about who you are and you may amount to more than a drive through fast food employee.