 |
Starting in Investment |
| |
 |
Here is my 10-year goal, I am working on getting out of debt (2 more years) then I am going to save up and start investing in real estate when I have a large down payment. I would like to do commercial and apartment building.
Now what do i need to do to get there. One thing I am thinking of is getting my residential real estate license and learning the business then a few years later getting my commercial.
One thought I had was when I get my license start looking for great flip/investment opportunities, not for me because I am not in the position to do this, but to find them and line up people who do flips and work deals with them. Maybe a deal like I find them and if they want them then then i get a small % when they sell and also maybe i get to list them when they are going up for sale.
Ok so my questions
1) Does this sound like a plan that works
2) To get my license is it better to join a real estate firm first and take the classes through them or by myself
3) If i did this plan would it be better to be on my own or work for an agency
4) If an agency is the way to go does one have a better deal for newbies than others?
5) Any books etc i should be reading?
I am located in Mesa Arizona
Thanks for your help |
| |
| |
 |
Getting a real estate license is an excellent way to get a basic education and start seeing how it all works. It's a fine introduction to investment. I don't think it matter much which real estate school you attend. They're all supervised by the state. You'd have to do your studying through a school.
Real Estate Investment for Dummies is a good overall introduction to the field. |
| |
|
Edith
Originally published on July 14, 2008 |
| |
| |
|
Back to Summary
|
< Previous | Next > |
| |
|
|
