Hi< i have been on this forum for about a year or so now and iam very interested in rei as my dad use to do it before he passed away and before i could get any lessons from him…
What iam asking is what woudl be best for me iam about to turn 18 in 3 weeks iam out of hs and i really want to be invloved in this field…
Any thing tips or books you tink i shoudl read or steps i should take from starting now…
Iam mainly interested in like owning rentals… or rehabs…
But iam open to all parts…
Thank you
I was looking on ebay and i had a ? why in the world are they selling land for like $1k and acre and saying it will be worth way more in the future… if that is true why arent they holding on to the properties for there on profit… btw the properties are in texas in the middle of nowhere…
most of the stuff on eBay is real crap. alot of it is acquire by buying at tax sales a lot of stuff that no one else will buy becuase it has nearly no value.
also I have looked closely at several properties on eBay and had more than once sellers make factually incorrect statements about the status of the title and how they obtained the property, how long they owned, etc.
use extreme caution on eBay properties. there are much better ways to find deals and not have to deal with scammers
First off, go to your local library and check out all the books on real estate investing. Don’t forget interlibrary loan, as even if your branch doesn’t have a copy of something, they can get it for you from another location.
Read those to help you decide which area of REI interests you the most. There are a lot of different avenues you could pursue.
Buy The Millionaire Real Estate Investor by Gary Keller. The best no-nonsense book I have ever read. For $22 you can get the best advice on getting started and building wealth.
Save thousands of $ by NOT buying every program out there. Most are a waste of time and money.