Can you still make money on real estate?

Does anyone know a good program I can buy to teach me how to make money in real estate?

  • Is there a program like Carlton sheets that can actually teach me how to purchase houses and then resell for a profit? I've heard his program isn't very good.

  • Answer:

    Go to realtor.com and check out houses with section 8 already in place your get an income with that leave your taxes for that property and invest in more houses in the end your have a large portfolio of properties it will give you time to do the things you always wanted to do. Check out Rochester NY there's lots there.Don't do the programs if you can start with little down for a mortgage.These programs maybe a scam so be careful.

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Carlton sheets is old school. His stuff applies around 50 percent of the time because laws and loans have changed since the 70's. I used this company: www.inwiththenew.com They educate you, hold your hands during a transaction and actually offer you positive cash flow properties with built in equity for sale to you. The average cost to purchase a property is 20k with an average positive cash flow of $250 and built in equity around 15k. The program is $200/mo and to be honest, it gave me enough info just to get started, the rest I learned from reading books pertaining to the subject material and investing methods outlined by the courses. If you want to sign up, let me know and then I'll represent you and help you achieve your investing goal, whether you are a buy and hold investor or a flipper. One last thing, this line of work takes ambition and determination. No one is going to knock on your door and give you a 30k check, you have to pursue it. You also need to have a desire to help people and become a problem solver. I consider myself a real estate transaction engineer because where other agents and brokers get stuck, I move foward and am able to close more deals due to my knowledge about unconventional and creative real estate methods. Good Luck. Regards

satarnag

Keep in mind........... Times and markets are changing! In California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing??? This last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer. From 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside! With all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans! For some great 'insider' articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years.....visit: Times and markets are changing! In California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing??? This last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer. From 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside! With all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans! For some great 'insider' articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years.....visit: http://www.downtown-san-diego-real-estate.com/san-diego-real-estate-article-index.htm http://www.brokerforyou.com http://www.san-diego-for-sale-by-owner.com http://www.la-jolla-ca-del-mar-san-diego-real-estate-encinitas-california.us http://www.brokerforyou.com/blogger/index.html http://san-diego-coastal-real-estate.blogspot.com http://sandiegofsbo.blogspot.com http://downtown-san-diego-real-estate-views.blogspot.com

Jill B

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