Real Estate Help

Jeremy F asked:


I am 23 and living at home working full time and started a small business over a year ago. I am an entrepreneur and I am looking to take my life to the next step by investing in Real Estate. I feel like renting wont ever get me anywhere so I want to avoid it if I can. I live in NY about 2 hours from NYC. Houses up here are 200k +, o r300k for something nice. I have looked into area’s down south like SC where i have visited several times… Myrtle beach, Charleston…etc Seems more doable, but I am still single and only make about 40k a year at my job and maybe another 10k with my business in it’s first year. I have about 5k in saving’s. Will I even be able to make the mortgage payments? Seems kinda close to me taking in car insurance and gas, and groceries. I have Mentioned to my father about an investment together, where we split everything in half and also split the profits when we sell. Where should I start and how much should I save first?

JARED

3120007 asked:


I heard that there is this type of IRA that is great for real estate purchases and/or investing where you can uses it to buy multiple homes and cash out all the profit with out much taxes…. is that true?

JESSICA

St. L asked:


Ive recently been lookin to start a commercial real estate business, but is the golf industry a good industry to invest in?

TERRY

Rick asked:


Government Saving Bonds
Stocks
Mutual Funds
Real Estate
Gold
IRA
401K
Exchange Currency

COURTNEY

OuiOuiChica17 asked:


Costa Rica seems to be the hot spot to buy in. Do you think the market has topped out? If no, where are the good places that are real up and coming where I should invest?

ANDREA

PerpetualTraveller asked:


Let’s say you have $100,000 cash now. How would you invest it in real estate, get monthly income and still hope it appreciates? What is the most hassle-free, least risky way to do it with the best monthly yield. How much money can you hope to get per month ( max)?

THOMAS

english_student2006 asked:


I’m looking for some good financial and real estate books.

I’m looking for a book that would give me good ideas about how to manage money and about secure investments. I’m in the processing of cleaning up my debts. Thankful most of it is paid out i owe approximately 1000$. I plan to pay it all off within the next 6 months. I also have no savings and no assets. I want to start stabalizing myself and make good financial decisions. any advice? Im also thinking of going back to school and get a Maser degree but I dont want to accumulate debt. Any advice? If ig go back i plan to seek out an employer that will refund a percentage of my tuition fee. Any good Financial and real estate books that you can recomend me? Please help
Im in canada and Im thinking about doing my master degree in the USA. Plus Im interested of learning more about real estate and about investing in real estate

CASEY

asked:


I live in CA and have taken two college level Real Estate classes and a few seminars, but no one seems to have any information that is actually available to the public on how to buy foreclosures, where to get the lists from for free and where to find the auctions. My college instructors advised to just buy a house via the “normal” route and avoid many of the problems people have with such properties, and the seminar instructors just seemed to want to sell their own mailing lists which just listed banks that didn’t have any information you couldn’t find on Google.

I’ve sent a few letters to Fannie Mae and have only received their “new home buyers’ guide - which is very informative - but not helpful.

I’d like to invest in foreclosures and possibly “flip” a property and I know it isn’t easy and it is a true risk of $$, but it seems like those in the know are keeping quiet about their resources - if this is public information, where do you find it without taking a get-rich quick seminar?

VICKIE

WEHUSTLE4YOU.COM asked:


I want to Invest,Flip Houses,etc. But have very little capital and not so good credit. What suggestions outside of the box can anyone give to someone with novice experience in Real Estate (i.e. avid fan of “House Hunters” and “Flip this House”) but willing to grind to make it happen with superb sales experience. Thanks
I,m in Houston and I,m willing to relocate initially…

ANNE

Independent_guy asked:


Hi, With catastrophic stock markets recently, will real estate prices be driven up as investors scramble to invest in something more stable? THANKS.

NORMA