Real Estate Investing

As a veteran real estate investor I have been asked many times. "Can you really buy property no money down?" can you really make money in real estate the way I hear of people doing it? The answer is definitively YES. I have been a real estate investor now for going on 9 years in one summer alone I bought and sold close to 20 properties. The most I have ever made on one deal was $100,000.00 but my average profit on a deal is $25,000.00. One of the things I like most about real estate is that it is always going up. Real estate prices have consistently and predictably always gone up. My own grandfather bought a 3-bedroom house in 1951 for $6,000.00 and in 1993 it sold for $68,000.00 that’s a 99.91% return on his investment.

I have spoken to groups about real estate in Ohio, Texas, Arizona, Nevada, and Utah. My advice is always the same. Once you have a base knowledge of the business all you have to do is.

1. Make lots and lots of offers no money down offers on real estate.

2. Find a way to get someone else to pay for the property. (Renting it out, investment partner etc....)

3. Sell when the offer is too good to turn down.There are lots of resources to learn about real estate investing that don't have to cost a lot.

Ebay always has a few really good books that you can win for a few dollars. I have even bought courses to expand my knowledge off of ebay myself.For those of you who want to get started but you are still a little nervous, find yourself a mentor it is not that hard. I have mentored several people and assisted them in getting started in the business I took usually 40 to 50% of the profits but they were able to get started capitalizing on my vast knowledge and avoid the costly mistakes that I made when I got started.

The best advice I can give is just go out there and do it. Make offers and see what happens. You will never get an offer accepted if you don't make one. Also you need to make several offers don't get discouraged when you are told no. I to this day get 7 to 10 rejections before I get a yes. The yes is what makes it all worthwhile.