how to get started in real estate?

Question

is the john beck real estate choice good to start, or what else is

Answer 1

You will do better going to the library are doing an internet search for tax sales in your local county than buying that course. Trust me, I have it. I probably need to sell it on Ebay for a dollar. It just repackaged information that you can get for free on the internet sites . The best thing to do is find a real estate mentor, so you wont waste thousands of dollars on courses.

Answer 2

NOOOO! These guys make money telling you how they got rich. most of the schemes worked in the 80's and 90's when they were doing them. Many of these ideas are outdated and no longer legal.

Those guys on late-night t.v. are all full of crap! Read this: http://www.turnkeyproperties.org/custom2.php

I can always tell when there has been a seminar focussing on real estate deals in my area of the country. I get scores of calls from people looking for distressed sellers, with equity in a cash-flowing property... Hello! if it is cash-flowing and they have equity they are NOT distressed!

Read this: http://www.turnkeyproperties.org/resources_details.php?id_art=66556&img_id=0

I see investors every week who are in deep s#!% because they
got sold something. I have a network of several hundred investors I work with most of them are breaking even, if you do not have cash and income vacancy will kill you.

Buy cheap! o.k. how do you do that? try the obituary collumn. Grim I suppose but many of the relatives now have to liquidate the property the dead guy had.

Buy smart! Know your market, talk to a property manager in the area and find out what the property would rent for if you can't sell it. How can you beat the "We Buy Ugly Houses" guys, they have more advertising, more money and more opportunity.

You must find the property yourself.

Trust no-one, I am an agent, I am a broker, but agents and brokers will lie like dogs to get you to buy a property. Once you buy it they get a check and they are gone! Sellers will lie to get you to buy too.

Real estate scams and fraud are rampant: read this: http://www.turnkeyproperties.org/resources_details.php?id_art=67381&img_id=0

Don't get sold, you want to buy, save money, wait for the right time and pounce when you can.

Currently forclosures are at an all time high. It is definately a buyers market. However, the problem is most of the people losing their home are way overleveraged and have no equity.

The only hope is to try to get the bank to do a short sale. Even at that you will have a heck of a time getting a good deal because the bank is in too deep.

Short sales will require either cash or a pre-approved source of funds. You cannnot just walz into a bank and say let me have this property at a 40% discount and I'll pay you back!

Sweat equity is the largest resource of capital most have, can you paint, clean, fix a roof, replace a window. If so you can make money. If you have to hire contractors your broke!

Answer 3

First off you will have to get your real estate license. Rules vary from state to state, but in OH you are required to take 4 classes, Real estate law, Real estate practice, appraisal, and finance. Then after passing the classes, get an agency {Century21} for example to sponcer you so you can take the state test. If you pass the state test then You're an agent! Keep in mind that being an agent , in most states means that you are self-employed. You will be responsible for your own taxes and Insurance. You will be required to update your education every year. The comission made on a sale is divided between the agent who listed the house and the agent who sold the house, plus the broker gets their share. It is a very cut-throat business. It is usually either feast or famine. GOOD LUCK

Answer 4

Do you mean real estate sales license? The University of British Columbia offers a 6 months real estate pre-licensing courses. The course can be completed through correspondence. The course is not difficult. It depends on you educational background. If you have high school education, you should be OK.

I don't know that John Beck is, so I can't help with that.

Answer 5

Go to RE school, take the state test and talk to your class mates to see who's got the best deal, once you hit school you will be recruited like crazy. Be prepared to make almost no money the first year or two.

Answer 6

Check your local state law, and see what is necessary to get a license. It varies from state to state. And then, get a license. But do not pay large amounts for training, unless it leads to a legitimate degree or certificate (i.e., from a community college).

Answer 7

Call or write to the secretary of State office of your State and ask them to send you the requirements you need to follow and attend to get your license.

Answer 8

http://www.mobilehomeparkstore.com/books/mobile-home-park-investing-br.htm

Answer 9

WHY DO YOU WANTA BE A VAMPIRE ?