Tips on real estate investing???

I would really like to start investing in real estate and I was just wondering if any experienced investors could give me a few tips on how to get started? For example: What is the best and easiest way to buy my first property? Thanks for your help!

getting help from a real estate agent will definitely help. this directory is really helpful: http://www.idxbroker.com/news/256_IDX,_I...

just click on your state.

Phil Speer, Ph.D., started his real estate investing career 25 years ago. With no cash or credit and using only a $10 bill, he purchased $1 million in properties his first year, and accumulated $10 million in properties within 4 years.

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Try to find a mentor if you can. Real estate can be great or a headache. Try to find a local real estate investment group / club / assoication. Also, educate yourself and understand the basics of real estate at a min.

Best of luck,
Angela
http://www.ratraceclub.com

I specialize in real estate investing. If you want I can help you out. E-mail me to learn more: jamescastle11@yahoo.com I can help get you started.

I am a real estate investor. Your best bet is to read the real estate investing section of your local bookstore. However, if you want to be spoon fed, hand held and given the opportunity to own positive cash flow properties with as little as 17k down and teach this method to other people for money, e-mail me. There is a program that does everything for you for $200/mo. Plus I'll be able to answer any questions and walk you through some deals for free.

Regards

http://biz.yahoo.com/weekend/weakhome_1....

A lot of real estate investors are paying their investments off with the United 1st Financial MMA program. If you own a home and can get a variable home equity loan, you can pay your 30-yr mortgage off in 10 years or less*, and can include your total outstanding debt (car, student loans, etc.) in this payoff. Your save hundreds of thousands of dollars in interest, no alteration to your current lifestyle , no refinancing, and it's not a bi-weekly or debt roll-down program.

This program offered by United First Financial (www.u1stfinancial.com) is a web-based software and has a 100% Guarantee.

For more information, please contact: Eva Morgan, 808-368-6832 or eva@nomortgage.info.

Be prepared to have a million people trying to sell you on their pyramid schemes, their marketing tools/techniques, or even just their advice. RE Investing is the new buzz word and there are even more late night infomercials about the subject than ever before.

The first thing you want to ask yourself is what kind of investing you want to do. Do you want to become a landlord? Do you want to flip houses? Do you want to get into commercial real estate?

Once you've decided which investment model is best for you need to learn your local market. The easiest way to do so is to read your local newspaper's real estate section, check the internet, and just keep yourself aware of what is going on in general. Drive around neighborhoods, talk to people, make yourself known. Information is key. If you really want to learn as much as you can consider becoming a realtor. There are some upfront fees involved but its a great way to learn the business, the contracts, and the process. This will especially help if you want to rent your own properties or buy/sell the houses you plan on turning around. This may not be an option if you work a highly demanding job.

That is another thing to consider. What do you do now to pay the bills? Do you have lots of free time to deal with the commitment that a flip will require? Being a landlord has periods of intense participation with (hopefully) long periods of sitting back and collecting rent checks. If you're in a job now that pays well but demands alot of your time it may be wiser to spend more money on a home that will be turn-key even if you're not getting positive cash-flow right away. You'll reap the benefits of even mild appreciation if you do it right. (This is for rental situations.) If your job is demanding and you want to flip be prepared to pay a project manager to oversee the job so that it gets done right, and you don't have to be babysitting the contractors all the time. (They WILL walk all over you if they see you're not attentive.) Its all about comparative advantage. If you're better paid being a doctor, lawyer, or whatever, use your money to make sure the job is done right and don't let your primary job suffer because you're running around trying to chase contractors all over town.

If you're only working part time now, or want to make investment a full time gig be prepared to invest most of your time in the operation because its the only way to keep costs down and maximize your profits (which you'll need to do to stay afloat in the beginning.) RE Investment is a brick by brick building process. You start with the foundation and one day you'll realize after many years you're staring out the 2nd story window at this thing you've built up. There's no such thing as overnight sucess, don't buy into any of that BS that people will feed you about such a process. Anything that comes quickly and easily is built on a foundation as tenuous as a house of cards.

Also, don't let some guy in California sell you his techniques. Although certain things carry over the markets are very very localized, so its best to learn your own market from people who work in your own market. Sometimes working your regular job and spending your free time with an investor who appreciates the help and is willing to teach is the best the starting path towards success.

If it sounds too good to be true, it probably is. But over time all the hard work you put into RE investing will pay off. Good luck.