Is there a guru here who gives entry level real estate training? not necessarily for me, but is there anyone here, or at least do you know where i can find one?
Forget the gurus!!! The best training you can get is found by making friends with the SUCCESSFUL investors in your home town. Make friends with these successful investors and they’ll be happy to help you (train you) for free.
Good Luck,
Mike
won’t they look at me as future competitor?
They won’t see you as a competitor and will actually welcome the company (if you are able to stick around long enough). The best way to get an experienced investor to work with you is to bring buyers their way. Do that by learning how the biz works and what it takes to get a buyer qualified to purchase property. Then focus on finding buyers via networking and advertising properties for sale.
I see… that’s a very good start up guide. Thank you so much, it appears that there are still people who aren’t just after $$$
you’re welcome. nice photo
Thanks! Same goes to you 
Why would need a guru? This site has a lot of REI articles 
Just check them out!
As stated, you can find a mentor, not a guru.
And don’t be misled…a mentor will likely want dibs on any deals that you want to do, and you may even need that mentor to get your first deal done, financially speaking.
So, the mentor is still thinking about his bank account when deciding to work with you.
As for you being future competition, there are more deals now than ever, and fewer and fewer wannabe real estate investors.
Thanks a lot for that insight… um, what made you say there are fewer and fewer real estate investor wannabes? I thought people are rushing to be RE agents.
Fewer wannabes because fewer people are under the delusion that this is an easy business. People got into the game (and grossly overpaid for deals) because they thought there was no limit to how high real estate could go, and finding a buyer was easy. Now they know the truth, and finding buyers today – correction, buyers who can qualify for a loan – is difficult.
What makes you think more people want to become real estate agents now than before? Nothing is selling, why would someone want to become an agent?
All I know is that in Georgia we’ve had two years in a row where something like 20-30% of the Realtors have NOT renewed their license.
The storage unit we rent has licensed Realtors working there, as does Home Depot, and I’m sure plenty of other places around town. It’s easy to just look at those agents who list the $500,000 homes and think of the possibilities, but there are plenty of figures out there that show “average” Realtors don’t make that much.
If you intend to invest in real estate, real estate training can be beneficial. Your firm must develop successful habits quickly. You must choose your approach to learning, and your trainer carefully, however. The first thing you need to consider is the cost/benefit ratio of the relationship. Is similar help or information available some other way, perhaps at lower cost? Most of the information you’d need to learn in order to succeed in real estate is available for free if you have the time and energy to do your research. If you are willing to sign up a mentor you have to make sure you’re going to get your money’s worth.
Proper training can help you put together a business plan and give you specific ideas as to what you need to do in order for your venture to be a success. A good consultant will keep your nose to the grindstone and put your feet to the fire. A good consultant or mentor can keep you moving forward, and help you through rough times and answer questions. A good real estate consultant can also provide support, motivation, knowledge, and help you keep your focus.
You could approach learning about real estate investing in a number of different ways. You could, for example, buy books or do research on the Internet. You could also take a study-at-home course. You could attend an accredited real estate training option. Yet another option is to hire a coach or mentor to teach you the ropes. A coach or mentor can be the best source of real estate training—if you get the right coach or mentor. The key to choosing a mentor is figuring out what questions to ask, and being able to assess their personality, knowledge and professionalism.
Real estate training is a well-structured series of lessons revolving around an approach to real estate investing that is intended to help the real estate professional think more clearly, gain better perspective and focus more effectively on their goals. Coaching provides the tools to enhance the process of building a successful business and offer s a way to approach accountability for your actions as a professional.
Classes can be conducted over the phone or online as well as the traditional way, in person. Professional real estate coaches are trained to listen and observe, and tailor their approach to your individual needs. They help you elicit solutions and strategies and give you feedback, provide a perspective so that you can take the initiative and make the moves that will get you the results you desire.
Trainers should offer tried and true business methods, not proprietary or unique solutions. Unique, “proprietary” or secret methods are more than likely to be nothing more than marketing hype intended to separate you from your money and nothing more. Most of the methods for finding, acquiring, renting, selling or optioning property have been around for a considerable time. It’s quite possible for someone to have a slightly different take on these methods, but highly unlikely that they have invented a truly proprietary method—at least one that actually works.
What has worked for me is to talk to local investors. I find out what they are into and ask them to keep me in mind to help them if I ever can. The REI Business is about building a good team and having motivated people to use and benefits us both.
Several hard money lenders have offered me properties no money down, and no payments for 90 days, i just need to finance the rehab. Also, invetsrors always look for wholesale deals and as long as you are realistic they will pay the fee. Show your value and the doors will open.
The best advice I have gotten was from FDJake right here, save money every week or pay and put it away to develop the habit of saving and living within my means. As I do this I work to correct my credit. In a year I will have made many contacts with local investors and have money to fund my first project in cash.