I just joined a great group in Houston called,Lifestyles Unlimited. They are a mentoring group for Real Estate. Their idea is to buy rentals at market or below and build passive income(cash flow). AWESOME PROGRAM! Go and listen to their podcast and radio shows and you will love it! Any questions you can email me
Do some research into REITs (Real Estate Investment Trusts). The REIT structure was designed to provide a similar structure for investment in real estate as mutual funds provide for investment in stocks. You get diversification and buy them on the open market while not having the risk of actually personally owning the piece of property. Contact your local Edward Jones office for more information and REITs recommended.
With no capital and no credit I think it will be very difficult for you. You will need to come up with the money from somewhere ie friends or family. You could ask the seller to finance you and as long as your cash flow covers your costs and puts some money in your pocket you could make it work. I think these deals will be hard to find and at some point you will need to establish enough credit to get a bank or other mortgage lender to finance your purchases. You could start by renting out a spare bedroom in your current living space if you own a home or your rental agreement allows it.
Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that you can get your answers in this website.
8 Users Response In " What is the best way to get into real estate investing? "
October 12th 2008 at 1:43 AM
Save some money and buy some real estate.
October 14th 2008 at 5:08 PM
Find someone who can help you and begin to read and listen to all you can about real estate. Talk with someone who is successful in real estate
October 17th 2008 at 10:24 AM
I first suggest you read some real estate books and learning how to invest in Real Estate
Watch some these videos by Robert Kiyosaki of
6 Steps to Becoming a Successful Real Estate Investor
Part 1=
Part 2 =
Part 3 =
Part 4
=
Part 5
Part 6=
Watch these videos and it will help you alot.
October 18th 2008 at 11:59 AM
I just joined a great group in Houston called,Lifestyles Unlimited. They are a mentoring group for Real Estate. Their idea is to buy rentals at market or below and build passive income(cash flow). AWESOME PROGRAM! Go and listen to their podcast and radio shows and you will love it! Any questions you can email me
good luck,Mike
October 18th 2008 at 8:25 PM
Do some research into REITs (Real Estate Investment Trusts). The REIT structure was designed to provide a similar structure for investment in real estate as mutual funds provide for investment in stocks. You get diversification and buy them on the open market while not having the risk of actually personally owning the piece of property. Contact your local Edward Jones office for more information and REITs recommended.
October 20th 2008 at 4:40 AM
as a real estate investor selling everything dont be happy
October 21st 2008 at 4:47 PM
With no capital and no credit I think it will be very difficult for you. You will need to come up with the money from somewhere ie friends or family. You could ask the seller to finance you and as long as your cash flow covers your costs and puts some money in your pocket you could make it work. I think these deals will be hard to find and at some point you will need to establish enough credit to get a bank or other mortgage lender to finance your purchases. You could start by renting out a spare bedroom in your current living space if you own a home or your rental agreement allows it.
October 22nd 2008 at 9:50 AM
Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that you can get your answers in this website.
Good Luck and Best Wishes!