November 11, 2008
what courses or program should i study? (real estate investment)?
i.will.survive. asked:
I am 21 years old and am a big entrepreneur, always looking to make money. I would eventually someday like to get into buying or designing property (not the physical building part of it), then turn around and sell it for profit. ( property flipping.) This is something down the road when i have the money to invest. Currently I have 1 semester of business administration towards my associates degree under my belt. Am i going down the right path? Should I be going to school for Architectural engineering? I have never worked construction or anything, but I want the general idea (landscape or blue print of things) to know exactly how to renovate and build properties to maximize profits. What should I do? Thanks
I dont necessarily want to buy and sell for a company or rather work in an office. its something i want to do on my own. Kind of like private investing i guess? Should i still need my real estate license?
so with this being said, i shouldnt attend architectual school or business? If i get my real estate license, I would learn most of what i need to know?
I am 21 years old and am a big entrepreneur, always looking to make money. I would eventually someday like to get into buying or designing property (not the physical building part of it), then turn around and sell it for profit. ( property flipping.) This is something down the road when i have the money to invest. Currently I have 1 semester of business administration towards my associates degree under my belt. Am i going down the right path? Should I be going to school for Architectural engineering? I have never worked construction or anything, but I want the general idea (landscape or blue print of things) to know exactly how to renovate and build properties to maximize profits. What should I do? Thanks
I dont necessarily want to buy and sell for a company or rather work in an office. its something i want to do on my own. Kind of like private investing i guess? Should i still need my real estate license?
so with this being said, i shouldnt attend architectual school or business? If i get my real estate license, I would learn most of what i need to know?
Filed under Renting & Real Estate by Administrator
October 24, 2008
Does this real estate investing plan make any sense?
jeffnicolas asked:
I am 21 years of age, no kids, in a relationship, a college student studying business administration and i stay with my parents. I have a job that pays just about $1440 a month. My crdit is ok but i’m working on getting perfect. I’ve been studying real estate for about a year now i’m trying to network to get some advice from real people not books. I have about $50,000 dollars saved I know for sure that i want to hold real estate under a LLC. But i don’t know where to start. In a month or so i’ll be attending seminars on real estate and i even plan to enroll to a real estate class at the local community college. This is what i was thinking about doing:
1. Buy a multi-family property under my name not my LLC. Probaly a 2-4 unit property.
2. I would live in one unit and rent the remianding units to tenants.
After 2 years of paying the mortgage, i would use the equity, if any equity to purcahase an investment property under my llc. Probaly another multi-unit. And that would be the star
I am 21 years of age, no kids, in a relationship, a college student studying business administration and i stay with my parents. I have a job that pays just about $1440 a month. My crdit is ok but i’m working on getting perfect. I’ve been studying real estate for about a year now i’m trying to network to get some advice from real people not books. I have about $50,000 dollars saved I know for sure that i want to hold real estate under a LLC. But i don’t know where to start. In a month or so i’ll be attending seminars on real estate and i even plan to enroll to a real estate class at the local community college. This is what i was thinking about doing:
1. Buy a multi-family property under my name not my LLC. Probaly a 2-4 unit property.
2. I would live in one unit and rent the remianding units to tenants.
After 2 years of paying the mortgage, i would use the equity, if any equity to purcahase an investment property under my llc. Probaly another multi-unit. And that would be the star
Filed under Renting & Real Estate by Administrator