Beginning Real Estate Investing – Find A Mentor
When beginning real estate investing your goal should be to gain as much experience as possible while exposing yourself to the least amount of risk.
If you plan on investing in real estate full time and you have money. The quickest path to success for you would be to get a mentor. This will cost you some money, however if you closely follow what they tell you to do, you will make money.
If you do not already have a bunch of money or do not want to spend a bunch of money on a mentor keep reading.
The reason getting a mentor is the fastest path to success when beginning real estate investing is because of modeling. Modeling defined by dictionary.com is a standard or example for imitation or comparison.
The physiological basis as to why modeling is the fastest way of attaining what you want is, the mirror neuron. This neuron fires in the brain both when an animal acts and when the animal observes the same action performed by another. Thus, the neuron “mirrors” the behavior of the other, as if the observer were performing the action.
Since man organized in communities, professions have been pasted down from master to apprentice.
As humans we are wired to learn this way. To learn more about mirror neurons, check them out on Wikipedia.
Why is this important?
Basically, animals learn to do new things when they watch other animals do them. Humans are animals, if you want to learn how to make a ton of money watch someone else make a ton of money.
If you want to be a successful real estate investor you need to find a real estate investor who has what you want and watch them. You do this by making yourself useful to them. I will tell you how below.
So How Can We Apply This When Beginning Real Estate Investing?
I find that life will deliver the mentors to us. We just need to have an open mind and take advantage of what life guts in front of us. We have to be aware and not pass up opportunities when they are in front of us.
The best mentor for you will be one who currently works as a real estate investor in your area everyday.
If you do not know who you want to be your beginning real estate investing mentor, you have not immersed yourself in the culture enough.
What you need to do is go to all your local REIA meetings, introduce yourself to everyone and have a positive up beat attitude. Speak about real estate investing with everyone you come across. Get online and post on forums and message boards.
If you do not yet know the lingo, are really new to real estate investing and want to be able to talk the talk.
First, subscribe to my newsletter at the top right hand corner of this page. Then, I highly recommend that you get this one dollar offer. This is seriously the greatest investment you can ever make in the real estate investing world. What you do is read the book and go on the continuity program’s website, start from the beginning and burn the audio interviews on to a CD so you can listen to them in your car. From now on, until you have heard every single interview on the website you will not listen to any music in your car. If you are serious, you will always have a new CD ready for you next drive. You will use your time as effectively as possible.
The first month that I did this I made $4,000 with real estate investing. The second month I doubled that .
After finishing every CD I knew so many ways to make money in real estate that I started to see deals everywhere. I was able to speak with authority on the subject and convince people who would never normally invest in real estate into giving me their hard earned money.
I was shocked. If you have not done so yet go spend the most effective dollar of your entire life.
The one thing I did not like about the program was that it had to end. There are only 40 to 50 hours of high quality audio training. The rest of the training is online videos. Now that my business has grown I no longer have time to sit on my computer listening to training. Additionally, this has completely spoiled me, the value of this one dollar purchased has made it impossible for other real estate gurus to deliver the same value.
I am blown away, if you do not have this yet get it NOW. When you make $5000 send me $500 and we will call it even.
Beginning Real Estate Investing – Quick Money.
The best way to utilize your time as a beginner to real estate investing will be to make yourself useful to an experienced real estate investor and make yourself some quick money. This can make real estate investing for beginners easy and fun.
You do this by bird dogging. Bird dogging is the act of finding leads for an investor who will close on the leads and pay you a finders fee.
Hands down, the best real estate investing strategy for beginners
As a real estate investor who regularly purchases homes and has many marketing campaigns running I get lots of calls from people who want to begin investing in real estate. I am happy to speak with them let them know what I am looking for. These people are beginners and are trying to start wholesaling properties on their own. The first thing they do is try to find as many buyers as possible, 9 times out of 10 I will never hear from them again. They never get around to finding a house to wholesale. The 1 out of 10 who call me with a deal, has a mentor. If you do not have a mentor click here to find one.
Or instead of calling people like me and trying to wholesale, build a relationship and bird dog me leads. You will make a lot more easy money.
Additionally, you will get to see which leads are good and which are bad. You will learn how cheap you can actually get a house for. Basically, by bird dogging you have made yourself useful to a real estate investor. Because you are now useful to them, they will now give you advice and help you learn. By simply feeding the investor leads, and watching the progress of the leads you will gain a great deal of valuable real estate investing experience with no risk. This is how you should start when beginning real estate investing.
You have a couple of cheap and easy options to find these leads, check out How to find motivated sellers.
