I am thinking about purchasing some rental properties and I am trying to educate myself on the proper way to go about doin it.

At the end of the cycle you not only have a huge source of leverage but you have a check in hand every month to buy what ever you want.

Just please don't feel like you have to spend thousands of dollars on some guru course to begin.haha yeah that what i was thinking of buying a "course" online that comes with like 12 audio cd for like 40 bucks i doubt i would ever pay anything over 1k on a RE course i rather read books , listen to tapes, and go on bigger pockets.Yeah, that is a good idea.Don't get me wrong, there is nothing wrong with education, just make sure the education you are paying for is quality and you are getting the return on it you need.For example, if you get some material off ebay and decide you would like to do lease options, then you could read a book or two on lease options and go out and do them.

Open a checking account...then go out and look for a house.My point is not only will you get an updated education on REO, you'll make a friend out of your own banker (never a bad idea), and a great home-buyer referral source.Good Luck!

I think Mike is so passionate about painting a horror story in his "education" product he sells on his website, because he wants to rid his competition.

Meet and look at the homes, even if you have no intention of buying - this is education time!

There are so much leverage when I can let my prospects come to my site any time of the day and that they find most of the info they needed to learn about my company.

I am all for education, but make sure, like with any investment, that ti gives you the returns you are looking for and does not just add a negative cashflow onto you.A great example is my fiance.

Plus, if you contract on the property sight-unseen, and later find out it needs more work than you were told, you now have leverage to renegotiate.

Hello Staci and welcome to the site.Now that you got some education get out and start meeting people and get a deal worked out :-).