I want to start a real estate investment company.?

Where should i start,and what would i need

U're crazy! Every second persont that wants to "get rich quickly" is trying to go into real estate.

Unless you hav a big trust fund to play with or financial freedom to not only invest but also live with no income for about a year......run, run quickly

Hi, I understand that you have a sudden urge to jump into the Real Estate market I have created a company for Owning Real Estate, and first you need to decide how much money you have to invest in such a venture.

You need to analyze what is your current income, can you afford a investment? Considering that if the properties you first own is not income producing how long would you be able to sustain a financial loss.

But If I were to start over, I would advise.

First, you need a much thought out Business Plan. I way that you can project earning money to potential investors and the bank.

Second, through analysis of your financial picture, what is your income to debt, have you understanding of bookkeeping and accounting.

Third, Look at your credit score, how high is? how is your money-management skills? Judge what type of loan you would be able to obtain.

Fourth, Find a local realtor, explain that you a investor and state your specifications for the property.
(Ex. 5 units property, in southern Detriot District, capable of producing a net cash flow, $4,000 Annually)

Fifth, Send me an e-mail and ask how I can help you further ;)

I would suggest that one you need to determine how much you have to invest in the venture. Two you need to determine how long you plan to have funds tied up before you see profit. Three if you are not incorporated, I would look into a seasoned shelf corp and use it to raise the capital needed instead of all your personal funds. Four set a realistic goal as far as the profits you expect. Five research the area you plan on investing in. If you need more info as it is a lot more involved write me back Bankerbobretired@yahoo.com

I would start by waiting for the market to continue it's fall back to earth. Once valuations get reasonable again all you need is time a lot of money (or ability to leverage loans). Depending on your actualy focus i.e. flipping, developing, or renting out the properties you may need to learn the applicable laws but it's not too hard to start that sort of company.