Wanna Be REI Seeking Specialized Knowledge - Posted by Tony Thomas

Real Estate Investing
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Posted by Ronald * Starr(in No CA) on May 05, 2003 at 24:26:07:

Tony Thomas-----------

I’d suggest you read my post for beginners if you have not already done so. You can do so by putting “beginners success” into the search function at the otp of this main board of the CREONLINE.COM website.

Yes, quick-turn reselling for a profit is a way to go if you want to get in big chunks of cash soon. Maybe after a coupld of years you will have neough resources to be able to afford to keep properties for the long term cash flow.

Start exploring you local area. What approaches might work there? What strategies do you like? If you have a hard time choosing between them, flip a coin. Then go to it. It is better to start in the wrong the direction than not to start at all. You can change approaches as you find that you don’t like features of your first approach.

There probably going to be no program that will tell you all you need to know. The fact is that real estate investing is an entreprenurial activity. You will have to get your understanding of real estate from a lot of different sources and put together your own view of things. And you will have to learn the local issues related to real estate.

Good InvestingRon Starr*****

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Wanna Be REI Seeking Specialized Knowledge - Posted by Tony Thomas

Posted by Tony Thomas on May 04, 2003 at 22:15:55:

I am interested in becoming a real estate investor for many reasons - personally and financially. Primarily, I am experiencing a terrible financial predicament with my career outlook and, as such, I have decided to explore the possibilities and rewards of RE Investing.

To date, I have spent countless hours on CREONLINE researching REI training systems / home-study courses, as well as trying to determine which niche to concentrate my efforts on initially as a beginner.

Long story short, I am somewhat confused and indecisive, due to the overwhelming amount of information, not to mention the vast differences of opinions among the countless educators and authors of these REI systems and strategies.

That brings up another concern … I have read several posts, from various REI forums, of many dissatisfied buyers of these “systems”, simply due to their lack of content on the actual “how to’s”. Needless to say, it’s difficult to wade through all of the slick and hyped-up marketing letters, that promise you the “secret strategies of REI” only to discover ($300 to $600 later) that you didn’t get a “system” after all.

Anyway … I would greatly appreciate some good, solid direction as to where I should begin. I am limited on on capital, but have access to private resources if deals are lucrative. My initial goals are to generate lump sums of cash, while establishing some positive cash flow, as a means to eventually escape the “rat race”

With that premise, the first question is what RE method should I master first? Lease/Options? Wholesaling? Probate? Landlording? Foreclosures? Rehabs? Marketing?

Next question is which of the CREONLINE course(s) should I invest in to gain that specialized knowledge in order to successfully invest in real estate from A to Z?

I already have the burning desire to succeed, as well as the willingness to work hard to achieve success … the only ingredient that is missing is the “right vehicle”.

Eagerly waiting your responses.

Tony Thomas