A lot of people have dreams of making it in real estate, but their reality and job doesnt lead them to think they’ll ever get to their goals. I just want to share a couple of stories with the audience of a couple of people I’ve met or read from, and even got inspiration from, that were in positions where this mindset could have stopped them from accomplishing their goals of becoming real estate investors. So, here are a few ideas. And at the end of the day, if you work retail, or in the service industries, start saving now, start figuring out now, what you would like your reality to look like in the future, and save those dollars. Trust me, with enough time and determination, you can get there. It took me a year to do a rehab, so not everyone gets it done ASAP, but you do get it done.
My entire website is about how I am still able to invest, even though I had a foreclosure, or don’t have access to the same funds as everyone else. Please believe me if you really want something, its on you if you can make it happen.
*Oh yes, another idea I didnt mention: Buying a duplex, living in one unit, renting out the other, while you DIY many of the repairs to save costs. Yes, its tough, but don’t say there isn’t a way!*
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Thanks for taking your time and sharing these tips. You are rare in a way
that you are not asking for $$ money for giving these tips out and taking
the time to do so. You have proven that you already make $$money from your
own advise and not being greedy and requesting for money for simple REI
advice. The lord has a place in HEAVEN FOR YOU and you will be blessed many
times over.
Wow, thank you! No, being greedy has never been my flaw (trust me, i have a lot of those), but being greedy isn’t one of them. Thank you, learn from my words, get the confidence you need to start and finish your real estate investing, then I know I have done what I needed to do in a fundamental way. Thanks,
Firefox is telling me that your site is a security risk. š
This video was awesome and informative. Each 1 Teach 1. No need to hoard
information. Thanks for this
Awesome blog Lisa! I’m trying my best to watch as many videos as I can this
weekend! I had a quick question, I live in Northern California specifically
in Sacramento. I would like to invest in houses under $30k but the only
houses that seem to pop up are manufactured homes. Are these good
investments and is it possible to find homes at this price range in this
region?
Hi Lisa.Im interested in Real estate I wanted I live in Northern
California,specifically San Francisco.I want to invest Jacksonville,Fla..I
need your expertise in mentoring me in my first property?
Lisa thank you so much I literally have chills down my arms, my friends
think I’m crazy to have this kind of mindset but knowing other people out
there are the same way is a gift in itself.
I want to buy a property for $8,800 it needs a lot of work but my father is
a jack of all trades and he can help me with the property. I figure it will
take approximately 8 months, but a month after that I know would be a flow
of income. With the plus side of the factor the property will be paid for
and all I will have to pay is taxes and insurance every year.
Hi Lisa, your uploads are so helpful but I want to raise a topic I don’t
think you’ve raised yet (apologies if you have). I am wanting to buy a low
cost property however many of these properties mention “shared ownership”
(30%, 50%), what does this mean? Would you recommend such investment to
someone who is looking to become a landlord? The aim is to buy then rent
out this property.
Thank you
Hi Lisa, I want to thank you first of all for sharing this info. The
question I have for you is do I need any type of license to getting started
doing this?
Lisa, will you please make a video where you go through different pictures
of low priced houses showing which aspects of a house are okay to fix
(example: a hole in sheet rock looks horrible but is actually not that big
of a deal) and which aspects of a house are an indication to pass on a
property you are looking to purchase (example: cracks in the
foundation…mold, etc.)? Basically, what is your definition of a crappy
house compared to a house that’s just ugly but is reasonable to fix up over
time? Thanks.