Hey what’s up, it’s Zack from PA Deals.com. Back in 1999, when I started studying real estate investing I remember being so ridiculously overwhelmed. Back then I was buying new books and courses, like daily and was attending more seminars than probably anybody on the planet. The result was major information overload. I was overwhelmed with so many techniques and strategies that I literally had no idea which ones I wanted to start off with. I remember being super stressed out because I didn’t know which direction was best for me. Was I gonna wholesale or retail. Was I gonna form an llc or corporation. Was I gonna do lease options or owner financing? It was nuts. I didn’t have a freaking clue what I was gonna do yet I kept learning more and more. Most new investors I talk to experience this same thing so if you are going through it right now don’t worry, it’s normal. Here is what I am going to recommend you do however starting today. I want you to take a serious self assessment. I want you to write down where you are at with regard to the following criteria: 1] how much cash do you have that you can dedicate to real estate investing 2] what’s your credit like? are you financeable? 3] what’s your cash flow like? Do you have extra money left over every month to use for investing or are you living pay check to paycheck? 3] how much time per week can you dedicate to real estate investing Zack Wiest PaDEals.com 717-901-7763 Ext. 300
4] what skills do you bring to the table that compliment your real estate investing business. And finally what do you truly want out of real estate investing? Are you doing it for long term wealth creation or do you need money to pay the rent next week? Knowing the answers to these questions is a good start in determining what type of investing to start off with. For example, if you have no money and no credit then of course you shouldn’t be out trying to buy rental properties to hold long term, you should probably be looking to bird dog or wholesale. My advice to you is to take a self assessment similar to the one we just talked about. When you have your answers, compare them to different real estate investing techniques and determine which techniques makes the most sense for you. What I can tell you is if you keep learning technique after technique, strategy after strategy with no thought on which ones make the most sense for you, you will spin your wheels forever and never make dime. Get focused, figure out what makes the most sense for you and your personal situation get educated on that and take action NOW. With all of that said, if you have decent credit and some money to invest with, check out my website at padeals.com. I offer a phenomenal program that helps people invest in turn key, fully renovated investment property and it may be just what you’re looking for. Check it http://www.padeals.com
Zack Wiest PaDEals.com 717-901-7763 Ext. 300