I’m New To Real Estate Investing Where Do I Start?

Life Cycle of The Real Estate Investor

So you want to start in real estate investing or maybe you just want to make some extra income but there is one small problem, you don’ have any money. While you think money is he reason you can’t get started what you need is education.
So where do you start as far as the Real Estate Life Cycle . A great option for you would be to start wholesaling.

 

  1. Becoming a “Bird Dog”. i.e. finding deals for Wholesalers. (no money down, no risk, 2 to 6 weeks to payday, $500 to $2000 earnings )
  2. Wholesaling “Flipping”. i.e. getting houses under contract and selling the contract to an end buyer (no money down, no risk, 2 to 6 weeks to payday, $2000 to $20,000)
  3. Doing a “Retail Flip/Inverse Purchase.” (no money down, no risk, 6 to 10 weeks to payday, $10,000 to $50,000+)
  4. Buying and Selling “Rent to Own.” (low money down, moderate risk, small payday in 3 to 4 weeks larger payday 1 to 3 years, $20,000 to $50,000+ )
  5. Buying Properties “Subject-To.” (low money down, moderate risk, small payday in 3 to 4 weeks-larger payday 1 to 3 years, $20,000 to $50,000+)
  6. Short Sale Investing. (low money down, no risk, 2 to 6 months to payday, $20,000 to $50,000+)
  7. Landlording. (medium money down, moderate risk, small payday every 30 days-larger payday 1 to 5 years, $20,000 to $50,000+)
  8. Rehabbing, or “fix and flip.” (high money down, high risk, 3 to 12 months, $30,000 to 200,000+)
  9. Commercial Real Estate. (high money down, high risk, 3 to 12 months, $100,000 to 1,000,000+)
  10. Guru (no money down, no risk, everyday payday, Unlimited Income)