All Forum Posts by: Mike Rubin

Thank you Tom!

And I apologize if my questions seem very basic / dumb. I am very new to this industry but it fascinates me! I just got done reading "Rich Dad, Poor Dad" and "Success Stories" in that RDPD series. I have also been talking to a lawyer who I am friends with and I have been learning a lot from him as well.

I heard about people who opt out of their contracts because they had to close the deal. How long do these contracts exist for? I.E, how much time would I have to find a buyer for the property before I have to exit the contract / close the property (which most likely I won't be able to do since I do not have enough money lol)?

1) When wholesaling, how long do most contracts have on them before the property needs to be closed?

2) How much do these contracts cost the wholesaler?

Everyone keeps telling me that I need to start with wholesaling before I get myself in too deep since I am still a newbie.

Without making fun of me, what is wholesaling? Or can someone help me find a link with this topic already open because I cannot find it though it must exist, lol.

1) Are there any guides on this forums for beginners like me?

2) Who here has read "Rich Dad, Poor Dad"? Do you recommend it? Why or why not?

Thanks a lot people!

The west is full of open land, just not where people are right now.

I'll save the money on books and use this resource instead.

But what can I do with $2,000. I am just looking for somewhere to start.