How do I start and finance a real estate ...

Wed, 04 Nov 2009 22:53:08 GMT

How do I start and finance a real estate investment company. My credit is not so good, and, I am not a person with a lot of money. Is there any comany

RE: How do I start and finance a real estate ...

luna — Thu, 05 Nov 2009 14:52:45 GMT

There is many different ways to start a business. First time business owners Grants, If you are a female, if you are a minority, If you are disabled, Whatever background you have or come from you do not need a lot of money or great credit for this. there are federal fundings available to help start your business venture. Go to http/www.grants.gov or visit small business development centers in your area, you can find them on line. The SBDC will provide you with a lot of answers to your questions. Good Luck on your journey.

LUNA

RE: How do I start and finance a real estate ...

Dr Leo Luka — Sat, 07 Nov 2009 08:17:01 GMT

I assure you to start a real estate company in areas where initial amount is less but business is good. i think you can start business at India. If you wish to start in India contact drleokannoth@yahoo.com or drleolk@hotmail.com or drleolk@gmail.com Dr Leo Luka

RE: How do I start and finance a real estate ...

Tristan Celayeta — Fri, 20 Nov 2009 19:05:49 GMT

I think you are talking about becoming a real estate agent? Virtually all agents are self-employed and work under the supervision of a broker. Otherwise one becomes a broker with more rigorous licensing and education critera. There are unique state laws and regulation so check with your state government for licensing regulation. There are online schools to help with your education, again check with your state for acceptable providers.

Here's a link to "How to Start a Real Estate Company" gives you the steps.

I didn't make any money for over 6 months and then didn't make more than subsistance for the first year and that was over a decade ago. The current market offers opportunity but competition is keen.

Need more info?

RE: How do I start and finance a real estate ...

Tod — Thu, 10 Dec 2009 08:59:28 GMT

You don't need too much money to invest in the real estate business. you just have to be innovative and ask experts on how to go about it. Why don't you visit here: www.nikolairealtor.com and ask advice from the best realtor in Sun City

RE: How do I start and finance a real estate ...

Michele — Mon, 21 Dec 2009 03:38:05 GMT

I think I understand your question to be how to start a real estate investment company. Well first you need to make a budget and find out what your worth is now. What you need to live on. How much money you have in the bank to pay your monthly expenses, if you did not work. If you have only enough for two or three months you need to start putting at least 30% of every dollar that comes ito your house in the bank to pay yourself. 10% to tithing, 10% to savings and 10% toward investment money. First things first. Let the money accumulate. Don't go out and borrow anything. Next start looking for a nice property that is not too expensive. 65,000.00 fix er up er. If it is in a nice area and in reasonably good shape buy it with the money that you have now accumulated in your investment account from putting the 10% in. Next Section 8 this property out to a single person or small family with your local or State government. The government will pay you the rent. The rent is guarenteeed. Put 30% of the rent in the bank and use the rest to pay the mortage. If you have any fix up problems with the property use the savings account that you have been paying into to make the repairs. Find a local plumber and carpenter if you are not handy that won't charge you an arm and a leg to make the repairs to your properties. Patience is the secret. You are not going to get rich overnight but in no time at all you will find that the 100.00 or the 200.00 or more coming from the properties that you are finding will set you free. CASH FLOW is the secret do not splurge. Make sure that you have an infinite amount of money coming in to take care of your personal living needs. Well that is the best I can tell you .. Read Rich Dad Poor Dad. Good luck and ignore these other negative fools that responded to you. Michele