I am looking for some help and guidance to learn about Real Estate Investing. I need something that will walk me step by step through investing in Real Estate. I have read a few books and attended a few seminars on the matter but they are not what I am looking for. I am specifically looking for a product or a trainer that will tell me my options on obtaining the money to do deals or even if have to put money down at all, etc.
ThanksHi timothy_us8,
There are comapnies/people that offer mentoring programs these days. For example,
* Steve McKnights offers RESULTS program,
* Source Wealth (www.sourcewealth.com) offers 12 month mentoring,
* Dymphna Boholt has a similar program.
Alternatively, you can use the services of a buyer agency who will guide and assist you in the purchase process.
More importantly, you need to identify the goals for property investing. Once you know your goal/purpose, the HOW TO becomes easier.“There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.†– Nelson Mandela
Hi Timothy,
All successful investors have a system that they follow, so you are on the right track to be wanting a system.
But that system is not going be precise and exacting, like a McDonald’s formula… Step 1, 2,3,4 etc and then you are 99.999% guaranteed of getting X.
That’s because ALL investing involves risk and that comes from the fact there are variables and uncertainty. The less of these, the less risk and the more predictable the results.
Now there is nothing wrong with paying others to do the leg work for you and you simply sign-off on the “deal” you want to invest in.. it works extremely well for some and yes it is still investing.
So dont let ego get in the way of a good investment strategy (system).
But maybe you want to be more hands on than that.
If so, then you need to research all the various investing strategies and decide which one appeals to you most. This will mean reading more than a FEW books or attending a FEW seminars. It will mean reading LOTS of books ( but not necessairly attending lots of seminars as this could empty your investment fund quickly).
Then you can start focussing in on exactly what you want… the strategy you think will work for you.
Remember – good investors do develop a broad “skill-set” and this takes time to develop.
I’m always a bit skeptical about the “cooky-cutter” systems some people promote as often it involves the need for prior skills in some key areas to make it work as well as it does for the promoter.
So if you want to share more about exactly the type of property investing you want to get involved in, how much hands on you want to do etc then maybe some others might have some good book or course ideas for you.
Hope it helps.
John Blackburn
http://www.propertybooks.com.au
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