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So you are unemployed and want to become a real estate investor right now.
These techniques should work in any country, city or area. The
trick is to simply find the real deals. Let me tell you the
quickest way you could start making money in real estate right
away.
Call all the "We buy houses" classified ads and signs you see
around your area and tell them that you are unemployed and would
like to bird dog for them. Ask them for $100 when they sign
contract to buy from seller and $400 more when they close ($500
is pretty typical amount). Ask them to let you go with them when
they go see the property so you can get some experience. Also
try to join you local investor group, in most cities they are
$20 or less for each monthly meeting (it's a bargain). Go visit
your local section 8 housing office and ask for the list of
landlords and contact some of the ones who deal in single family
houses.
Also, go around and start looking for empty houses. Call real
estate agents and tell them you are looking for investment
properties. If you have lined up 5 or more investor buyers and
you find a real deal one of them will snatch it up and pay you a
bird dog fee. While you are out look for home for rent signs,
call them, ask them if they buy houses, if yes get their phone,
fax, email etc and
send them deals too. If they don't find out
if they are looking to sell their rental homes. You will be able
to find owner financed deals this way.
Shortly you will be able to know what properties to get under
contract yourself and move up to wholesaling where you will make
$2000-10,000 per deal instead of $500. It just keeps getting
better from there.
If you are aggressive and get out and look for properties today,
you could be making a few hundred dollars a week by next week, A
thousand dollars a week within a month, and $10,000 plus per
month within 6 months. These techniques work but they require
work. Interestingly enough you could do a lot of this work from
a bicycle if you had no car (but maybe not in Canada during the
winter). J
None of these techniques require cash or credit and will get you
started in real estate investing right away.
About the author:
David Neese is a real estate investing author who offers a free
course for real estate investors delivered by email, audio and
Teleseminar which you can get for free at:
http://www.FreeRealEstateInvestingCourses.com
You can find more information about David at
http://www.DigitalSuccessCoach.com
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