If you’ve made a decision to invest in real estate, let me be the first to congratulate you and the first to save you months of frustration. The rewards of investing in real estate can be huge but real estate investing is such a wide topic that a beginner runs the risk of getting lost, being frustrated, losing money and eventually quitting.

I started in real estate in 1989, I bought a home study course off of the television. I was young, broke and did not have a credit file established to borrow money. Even though my circumstances were meager, I still had the desire to invest and that internal gnawing wasn’t going away anytime soon.

Today you and I live in the greatest and most opportunistic times. The internet and technology are providing opportunities and systems that were not available to me when I started my investing career. These technologies and systems have opened up a national and international investing play ground that any one at any economical level can participate in.

How?

Step #1 Look At Yourself - What do you bring to the real estate game in terms of talent, skills, abilities and finances? Do a quick diagnosis of yourself, pull your credit, do a financial statement and see what you have to work with? If you have credit issues, start now to address those issue and improve your credit file.

Step #2 Decide What Type Of Investment Opportunities Fit Your Situation. I believe the real estate business can be simplified by putting various investment opportunities into two different categories; little investment opportunities and big investment opportunities.

Little investment opportunities have less risk and don’t require a whole lot of investment dollars.
1- Assignments
2- Wholesaling
3- Equity Sharing
4- Create Paper and Sell It
5- Lease / Release
6- Options
7- Real Estate Commissions As The Down Payment
8- Ugly Mobile Homes
9- Tax Liens

Big investment opportunities have more risk and require more investment capital.
1- Flipping
2- Rentals
3- Sub Divide
4- Use Change (residential to commercial)
5- Expand The Structure (add bedrooms or bathrooms)
6- Commercial
7- Land Development
8- Lease and Subleasing Land
9 -Buying and Selling Recreation Lots

If you take the time to see what you bring to your business in terms of money and credit and then focus on either little or big investments, you can start investing in real estate at a level that is comfortable for you.

Good Luck
Michael Acord
Real Estate Maestro™

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I received an acknowledgment of Trademark from the Trademark Office of The United State Of America.

I annouced the acknowledgment in a press release that went over this moring.

Click Here To See The Release

One of the questions that came from a student was “what is a cloud on the title?”  The question came during a teleseminar where I was talking about protecting yourself when you enter into a lease with an option to purchase or a rent to own contract.   Joe here is your answer.

I think you should play as hard as you work.  Sometimes my play includes an afternoon of pretending I’m “real estate” Rambo.  No animals were hurt in this episode, only me.  Watch it in HD on the bottom right of the video player

I am always looking for more recruits, leave me a comment if you want to play.

I found an old photo of me and Carleton Sheets playing some golf.

Real Estate MaestroTM and Carleton Sheets Playing Gold

I’m in the dark shirt and Carleton Sheets in on the far right.  Second from the left is Senior Pro Bruce Summerhays.

How Tall Am I?…..With The Hat?