All Forum Posts by: Laura Alamery

It does not seem that Europe has the same type of support and infra structure for real estate investors like US does. I am originally from Italy and I have connected with investors (especially commercial) other there, but they have learned the hard way :)

My suggestion is that you find an actual investor and ask to work with or for him, even as an assistant, to learn the ropes. The basics are the same though worldwide, so that is comforting :)

Buying with creative financing, owner financing, wholesaling and flipping, even foreclosures (bank owned properties.) Lots of similarities.

Hey there! I have been an investor in St Louis for over 20 years. Sure, reach out to me and I can get you in touch with some great resources.

I have students who live in the Greater NY area and I was also real estate licensed in New York State a while back.

In my experience these are the best opportunities I have encountered - short sales in the outskirts of NYC (especially Long Island.) Tax Delinquent property (purchased prior to auctions and flipped or held for passive income) anywhere in NYC or adjoining areas, Syndication (raising private funds and create joint ventures,) where you rehabilitate existing neglected properties.

There are definitely possibilities in Anchorage and hot markets are even better! Your skills come into place in finding those golden nuggets - tax delinquent properties, pre-foreclosures, absentee owners, tired landlords, etc.

I have real estate investing students in Anchorage as well and I have personally done wholesale deals in Hawaii :) 

As long as she is of "sound mind," sure, she can sign a contract. I have had real estate investors well up in age. My oldest investor was 89 years old buying and selling investment properties!

There is a legal clause that anyone over 65 years of age can cancel any binding contract within 15 days of acceptance and if any monies were exchanged, it would have to be returned.

Like JC said, unfortunately most lawyers will kill deals. :) If you know in your heart it is a fair deal and a win-win situation, I don't see a problem. Go for it!

Of course they do! :) You create equity where there is no equity. Please elaborate.

First of all, research the areas that you should concentrate in. A couple of sites have good charts and maps to study: realtor.org (look in Top Menu "Research and Statistics) and another site is ngkf.com (Top Menu again under "Research.")

Choose one area at a time. Then contact a real estate agent in the area (look in this Biggerpockets forum for active agents in any areas around the country) and have him/her share with you even more specifics and recommendations of what is a good area within the area :)

Now send a test mailing to no more than 500 - target single family or small multi (4 units or less) and see the response.

I would not do any due diligence (i.e. see properties, run numbers, etc.) until I get a call and serious interest from the owner.

Good luck! :)

Hello Steven. I was just in Pompano Beach 3 weeks ago :)

I have a simple purchase agreement you can use. Just email me.

Laura

I would suggest that you work under a major real estate brokerage company in the beginning, with a strong sales team, regular meetings, etc. You will learn so much about the "dos and don'ts" of the business that way. They will take a higher split on your commissions, but the training, help and exposure are totally worth it.

At some point, after, some experience, you can transfer to an independent broker with emphasis on investment properties to launch your career as a broker/investor and eventually start your own brokerage company.

That is what I did :)

Yes, there are plenty of mentors out there, who want to take your money for the bootcamp and training, but at the end you still struggle to close a deal and getting answers and help when you need them most.

Hire someone (investor/mentor) who is willing to put "money where the mouth is," like split with you on the proceeds for the bulk of their training fee. That is what I do and it is a win-win situation.