How do I get started in Real Estate Investing
Real Estate can be a great way to become wealthy and is in fact the way that most successful people attain their wealth. The first step to becoming wealthy in real estate starts with understanding what constitutes an investor. According to John T. Reed ” A real estate investor is someone who has his name on a deed other than his home”. He is right and more importantly, investments can be both real estate and interest in real estate.
As a real estate investor, knowledge is the most powerful asset you can have. If you have extensive knowledge of a specific subject, you are a expert or professional in that subject. By holding this status, you have the ability to buy, sell, market, mentor, consult, and even write about your specific discipline. People will regard you as a subject matter expert and with that comes the responsibility of maintaining and always building on your knowledge.
There are a plethora of places to learn about real estate investing, but I will tell you some that I personally like to go to when I have questions. By frequenting these sites, you will not only have the opportunity to hone your skills in the area of real estate that most interests you, but you will also be productive and at the least, learning something you didn’t already know.
This site offers everything from forums for discussing real estate issues to listing your properties for sale and even offers internal email access to its members. I highly recommend this site. My favorite site for real estate investing is:
For an extensive list of real estate articles and beginner level information on real estate investing I personally recommend one site which offers a great forum and one of the best lists of guru sold books out there:
If you are a landlord like I am, you always have questions about how to deal with tenants, tenant law, and even software for property management. The best site I know of for these questions and more about property management and landlord help is:
Being current on real estate news is very important. Here are three sites I like to frequent on a daily basis:
http://online.wsj.com/real-estate
Lastly, the best place for a more realistic and personalized view of investing will always come from your bloggers. Some of the best investors, Realtors, and gurus are bloggers - get your information from the horses mouth! Here are the bloggers I like to visit the most:
http://www.Bloodhoundrealty.com/BloodhoundBlog/