All Forum Posts by: Marc Carlson

@Krystal Richardson Congratulations on taking the first step.  Making the first step is important for building confidence and I think its great that your confidence is building, keep it up.  Don't give up on building those connections, they can lead you to great success.  

I wish you the best in the future!

The first thing you will need to do is take the pre-license class.  This may vary depending on the state.  You should call your local Board of Realtors office and they will be able to direct you on where to take the class, cost, requirements, etc.  

As a Realtor, I find having my license is very helpful for the reasons listed above, plus you can put in your own offers without having to inconvenience a Realtor.  The more you know about the process, the better investor you can be.

Good luck

@Max M. 

You have a very interesting story, someday when you make it and are rich, maybe they will make a movie about you.

One thing that you should start doing to watching motivational videos, I suggest starting with Earl Nightingale's "The Strangest Secret in the World."  I also like Tony Robbins, Les Brown, Eric Thomas and others.  You can find these on YouTube, just do a search.

I helps to listen to positive messages everyday, something I do with out fail!

Good luck and keep us posted on your progress, and keep going!

Freakonomics By Steven D. Levitt

The Alchemist by Paulo Coelho

Setting the Table by Danny Meyer

Welcome to BP Dori.  The first thing I suggest you do is read the guides here on BP under the Learn tab.  It is filled with good information on the different aspects of investing, which you need to know, even if you are just going to be doing wholesaling.  Also, read the blogs and listen to the podcasts. 

You also need to research the aria you want to work in, learn the market.  If you don't have one already, find a good real estate agent.  Talk with them, look at houses, even if you are not ready to pull the trigger yet.  The more you see, the more you learn, the better off you will be.  Just remember the the agents time is valuable, so talk with them and let them know what you are doing.  BE HONEST!  Don't ask them to view 100 properties in a weekend and not buy anything.  You want to develop a good working relationship with your agent.

Once you have done that, then you can move to direct marketing.

I hope this helps, keep us posted on your progress.

Good luck

Marc

Hi Clint,

First of all, thank you for your service!

The question you have to ask yourself is why do you want to get into real estate investing? My guess is so you can make money for your family. That being the case, and this is just my personal opinion, six months is too long of a time to be away from what really matters. There are other ways to get started in real estate investing. Have you been to your local RE investors group meetings? Network with other investors in your aria and ask them what you can do to help them out. Once you build up a relationship with them, they may be interested in a partnership.

It takes time, work, and patience, but you can do it, and still be there for your family. I hope this helps, and good luck.

Hi Clint,

First of all, thank you for your service!

The question you have to ask yourself is why do you want to get into real estate investing?  My guess is so you can make money for your family.  That being the case, and this is just my personal opinion, six months is too long of a time to be away from what really matters.  There are other ways to get started in real estate investing.  Have you been to your local RE investors group meetings?  Network with other investors in your aria and ask them what you can do to help them out.  Once you build up a relationship with them, they may be interested in a partnership.  

It takes time, work, and patience, but you can do it, and still be there for your family.  I hope this helps, and good luck.

I think the most important thing you can do is talk to your coworkers about what you do.  Tie it into the normal flow of conversation, for example, when they are talking about being worried about not having enough money for retirement, you can say, "Well I have a plan for that..."  People love to talk about real estate, so it's easier than you may think to bring it up.

I do like the idea of putting up pictures of your investment properties, and agree that spreading them out is the best way to go.  I wouldn't worry about your coworkers being jealous.  They will either ask you about how they can get started, or mention that they would like too, or be the typical naysayer.  

@James Peoples What type of leads are you looking for?  Are you looking to work with investors, or are you looking for investment properties for yourself?

@Cedric Dadaille 

PM is a property manager.  If you wanted to get into buy and holds, then becoming a property manager for another investor may be a good way to go.  It will give you experience on what it takes to be a landlord, especially the most important thing about renting, which is screening tenants

My advice is to take some time and write down where you see yourself five years from now.  What type of investing will you be doing, and at what level?  Will you own your own company, or work with someone else?  What will you be doing, and why will you be doing it?  This is not set in stone, things may change, but this will give you a starting point.  

Once you have that, then go out and find the people who are doing what you want to do.  Bigger Pockets is a great resource, as well as your local investors group.  Ask questions, and if your current broker can not help you get there, then it may be better to find one who can.

I hope this helps, good luck, and keep working at it!