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Where to find investors?
I'm 18 and I'm very interested in house flipping and I was told that becasu ethe market is so bad right now I shouldfind some investors. Where do i look?
5 Answers
- 1 decade agoFavorite Answer
because you are a little green you might consider working part time for a rehabber to learn the business before you embark on this career path. They banks may not want to lend money to an unexperienced investor. this all said is not a big deal cause you want a little experience before you run out and buy your first deal to fix and flip or ect.
I would attend a local real estate investing club to learn more and take some realestate courses and read every book on the matter in the library on the subject. Have you been to college they offer great programs for aspiring real estate entreprenuers I wish I had gone to school for real estate when I was in college but back then I had no clue they had such a program to major in.
I got my 1st deal at age 22 and buy age 31 I was retired and working in my own business rehabbing. I don't flip much any more I just run my rentals I own free and clear from the years of flipping.
I am 38 now and I wouldn't dream of any other career path but i have a few times thought I might have had fun as a lawyer. Here are some authors to get your started in this matter of reale state. Robert Allen, Donald Trump, J Paul Gehtty,Napolean Hill,Conti Finkle,Robert Kiyosaki,Harry Dent,Bill Efross,Larry Loftis,Lonnie Scruggs,Benjamen Graham,Warren Buffet,Sam Zell,russ whitney,Clark Howard, ......Real EstateCourses by the following people : Dave Lindahl on apartments ,Ron Legrand, on rehabs and flipping and wholesaling, and commercial real estate Russ whitney on:commerical real estate. This will give you a good head start. aslo for motivation to get you though rough spots read Tony robbins and og mandino and zig ziggler. these guys will help your attitude when you cant seem to get the energy together to move forward towards goals. Good luck Chase the dream. PS: you can still make a million in America if you apply yourself!! here are some web sites for Forclosures
http://www.hud.gov/homes/homesforsale.cfm
another thing is if you want investors you probably will have to advertise if you cannot get bank money. I have picked up numerous private money sources from hard money online searches as well as private lender searches, and ran adds in the paper for hard money or private funding for projects.
You should do some marketing research on that. There are places on line you can buy lists and do mailers as well. Its worth its weight in gold! Now is the time to buy em when the bears are giving em away. This bear market in real estate will last at least a couple years so be careful anything you buy will take time to sell when you do. Save lots of cash! to invest Good luck
Source(s): 17 year landlord, investor millionaire - 5 years ago
Try www.konstruktor.com
The main goal of the site is to provide area for investors and people who have an interesting and creative idea but haven't got a money for development bussiness.
Also there is KRISHTOP FOUNDATION of Vlad Krishtop was founded by Entrepreneur Vladislav Krishtop in 2015. Aims to help and support people from a creative environment (entrepreneurs, musicians, artists, representatives of the scientific community, philosophers, and others) who are facing problems within their activities, and artificial barriers.
- ?Lv 45 years ago
He did not precisely say they were more suitable suited investors, he spoke of a few factors he thinks they are more suitable suited at and then left it at they'd be more suitable suited investors. enable's no longer also overlook that is purely his opinion. My guess is likewise this guy would not be employed a lot longer if he got here out putting forward adult males were more suitable suited investors than women, espeically someplace like CNBC. seem at what handed off to that Ivy League professor who made the comments women are not probable to be as sturdy in math or technology as adult males. He created a firestorm with those comments. comments like those you revealed are purely yet another article interior the newspaper/mag/etc.
- UrsugardaddyLv 75 years ago
This question is eight years old.. I was buying alot of properties and stocks . You are around 26yrs old now so if you see this, i hoped that you remained focus and have a few properties..
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- 6 years ago
If you have clear plan of what type of property you want to invest in and how much profit it should bring in, check out www.jointventuresellingsystem.com