I am an unemployed single parent at need of information. I have consumed all resources of money and in desperate need of grants and loans, to start. This is my first time ever trying to run my own, but I know what it takes. Should I start out small and go big or should I just start out big, like a 24 unit complex?
2007-09-23 15:53:19 · 5 answers · asked by Ms. M 1 in Business & Finance ➔ Small Business
You should start out by getting a job running an apartment building for someone else. Once you learn the ropes (three to five years should be enough), you can decide if you have what it takes to be a landlord.
2007-09-23 17:10:01 · answer #1 · answered by NC 7 · 1⤊ 0⤋
First of all there are no grants for buying apartment complexes and secondly to qualify for a loan you need to have a job and and a steady source of income. Contact a business broker and get some details about what you will need and what you can bank on getting and go from there, it's nice to dream big but make sure you dream within reason. Good luck.
2007-09-23 16:04:29 · answer #2 · answered by Akbar B 6 · 0⤊ 0⤋
all people i understand who has long previous to college, men and girls, had student loans, yet i do no longer understand too many independently prosperous human beings. I had a German scholarship besides the shown fact that it became in basic terms $500-fairly paid for a million quarter well worth of books. I had to get loans. they are nonetheless no longer paid off yet however. you're able to run with a very proficient crowd. there became no way that i ought to have made adequate money working mutually as in college to pay for my education. I in basic terms made minimum salary in college. what's so incorrect with that? aspects are given to the undesirable for college-yet they often in basic terms help with the decrease-branch course artwork. maximum individuals could get loans. And Sunny Day is powerful-athletic scholarships for men far outnumber any others. no longer that I also have a difficulty with that. enable's purely no longer anticipate that ladies circulate to college for unfastened mutually as men could pay.
2016-10-05 06:23:15 · answer #3 · answered by courcelle 4 · 0⤊ 0⤋
Definitely read the Rich Dad, Poor Dad series by Robert Kiyosaki. He specifically gets into the cash flow needed for achieving such a dream. Try out his "Cash Flow" game too - very educational.
2007-09-24 08:04:14 · answer #4 · answered by Darryl Parker 2 · 0⤊ 0⤋
Oh, that's easy, just open up your phone book, and look up Donald Trump. He will tell you where to start.
In other words, maybe get one of his 40 books. (don't worry, they all say the same thing)
2007-09-23 15:58:44 · answer #5 · answered by Anonymous · 0⤊ 0⤋