So im searching auction.com and some basic logic tells me i want a residence thats immediately habitable.

Networking in real estate investing is vital so don’t be daunted and go to the events!

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

I have a contract with Caltrans (California Transport, government agency) for a board up and lawn maintenance, I already know those, but I am looking for a more broader scope, something like houses need a foundation work, or rehab to a "habitable" condition before the bank sells it to investors, something like that.

I'm not sure I'm reading the question correctly because I can't see any cons.As long as you can personally afford it since you'll be living in it, which the lender will ensure of course (that you can afford it), I think it's a great way to start out in real estate.As long as it's habitable (to your standards ;), you'll be able to really "get your hands dirty" with some repairs (even if hiring some out) but without the stress of having a tenant bothering you asking when the repairs are going to be done.Again, maybe I'm not understanding, but this seems like a great & classic "sweat equity" way to get started.

(Think I answered my own question :-P)I should *not* try to run numbers with a head cold... but it *is* habit forming, you know :crazed:

I was forced to file bankruptcy 5 years ago along with filing for divorce, due to me ex wifes spending habits, and lack of repaying habits...

What have you done to begin your journey in educating yourself to learn the procedures, habits, and pitfalls to avoid in your new found real estate business?

Before I took the leap, my goal was to payoff everthing I wanted..homes, cars, boats and toys as well as got myself into paying charge cards off at the end of each month (good habit to have).

Even if you think they will say no, get in the habit of askinganalyze deals constantly, and then send the good ones to people who might help you outYou need to be prodding this problem from all the angles you can, and do it persistently.