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