Need advice on where to start off please ! - Posted by Mr. Love

import · June 21, 2003, 6:47pm

Posted by John H on June 22, 2003 at 23:01:57:

This is likely a stupid question from someone that has a burning desire to begin investing but can you please explain how you found your mentor? I learn best by experience and feel a mentor would be of great help for me. Thanks!

import · June 21, 2003, 6:47pm

Posted by Mr. Love on June 21, 2003 at 18:47:13:

Hi,

I need some recommendations on what courses to purchase on a begginer level on flipping, abondoned, commercial, apartment buildings, residential with little or no money down

I had just placed an order for the HUNT FOR ABONDONED PROPERTIES and would like to purchase more courses on the begginer level to learn the basics on purchasing all types of property with little or no money down.

Is there any advise that members here can offer, I am a young gentleman who already posseses a real estate license, But unfortuanately , After recieving my license I just stopped pursuing my dreams in investing in property , And have never put my license to use at all or even worked for a realtor. , But my license is still valid

I am a firefighter and have plenty of free time on my hands to pursue my dreams in investing with little or no money down and I am hoping members here could offer me some good advice on what courses I should purchase as a begginer in investing with little or no money down .

I am 21 years old now and my ultimate goal is to be financially free by the age of 25 and I am hoping with some advice by members here , who are experienced in Creative Real Estate , I could be well on my way to achieving my goals and making my dreams come true

Mr. Love

import · June 21, 2003, 10:00pm

Re: Need advice on where to start off please ! - Posted by Ronald * Starr(in No CA)

Posted by Ronald * Starr(in No CA) on June 21, 2003 at 22:00:33:

Mr. Love--------------------

Depending upon what you mean by “… goal is to be financially free by the age of 25 …” you may be very disappointed. Real estate is not a get-rich quick business. So, if you expect to retire in four years, I doubt it greately. If you mean that you will have enough income from a real estate investing business that you can support yourself, that might well be possible.

If you have not read my post for beginners, I’d suggest you do so. Just put “beginners success” into the search function at the top of this CREONLINE.COM main board.

Because of your particular situation, I’d suggest that you spend some time becoming familiar with the idea of making money by buying fire-damaged properties from owners. They often get some insurance money pay off and could sell cheap. This is a little-known investment approach not even covered in Jack Reed’s “Buying Real Estate for at Least 20% Below Market Value” book. You will have to dig around to find people who do it, probably in other cities than where you live. You might want to start conversing with contractors who specialize in restoration of fire-damaged buildings. They are specialists.

There are many, many books on buying with little or no money down. Start checking your local libraries, thrift stores, and the online sites such as e-bay, half.com, amazon.com’s used section, and similar with barnesandnoble.com .

Good InvestingRon Starr

import · June 22, 2003, 9:01pm

Re: Need advice -get a *%#! mentor - Posted by David

Posted by David on June 22, 2003 at 21:01:56:

I did and Claude Diamond made a dramatic change in my life. I will contract another deal this week and more all the time…dont waste your time only studying and poking at the fringes. Find someone to help you so can fast track your efforts.
David