How To... in New York>Question Details

Rose, Home Seller in New York, NY

What are the first steps thats needed to start as a Real estate Investor? Is there a list of different ways?

Asked by Rose, New York, NY Thu Jul 31, 2008

to make money in Real estate fast and slow? Can you really make money fast within weeks? How can I do that? do I need to build my buyer list? how do I do that? can any one recommend a really get program that I can purchase that is not that expensive but really effective? that will sho me step by step?

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6
As with any type of investment, you need knowledge and experience to make money fast. If you really knew what you're doing, you can make fast money in just about any investment. If you don't really know and you try what the pros are doing, you'll lose money just as fast.

How can you get a program that's not expensive and really effective? I guess you can wish upon a star. Or, you can make sure you're born to parents who are expert investors and willing to give you all their knowledge for free.
Web Reference: http://www.archershomes.com
0 votes Thank Flag Link Tue Sep 25, 2012
i think it's impossible.in NY.this can be very difficult
0 votes Thank Flag Link Tue Sep 25, 2012
Rose -

I have posted numerous times on the real estate website http://www.reiclub.com - as TMCG -

anyway - you're probably talking about wholesaling properties. In New York - this can be very difficult. Investing in real estate is tempermental to the market you live in. If you're upstate - then wholesaling may be a reasonable approach to investing.
http://www.amazon.com/gp/product/0071412913?ie=UTF8&tag=…

[you can copy and paste that link to a good book - like 10 bucks on amazon].

With any investment, there are risks though - you've got to be fully prepared for all of them. My suggestion to you is to hit the books. Get a foundation of knowledge. Good luck.
Web Reference: http://www.noobdogs.com
0 votes Thank Flag Link Thu Jul 31, 2008
I will look up the NAR Code of Ethics and the Rules of MLS to see how it would effect my Long term goals in Investing.
0 votes Thank Flag Link Thu Jul 31, 2008
Are you looking to work with investors or invest yourself? You are listed here as a Realtor...you should already have the knowledge necessary and if you do not, start learning!

Having a real estate license can work as a disadvantage for your own investing...make yourself familiar with the NAR Code of Ethics and the Rules of MLS.
Web Reference: http://GailGladstone.com
0 votes Thank Flag Link Thu Jul 31, 2008
We work with investors on a consulting type 1/2 hours sessions. Your 1st step is a business plan short long term goals. Our clients are investors across the country. YES you can make serious money in real estate. You can also work with a good agent in your area. 2nd step is securing lender approval home purchase. http://www.lynn911.com http://www.homes-for-sale-dallas.com
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Thu Jul 31, 2008
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