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I'm thinking of trying something new. I've been a computer / network tech for years and I am just sick of the same environment day in and day out. Does anyone have any experience buying and selling houses for profit? I am looking into taking a real estate classe next semester, but I thought I would get some ideas first. Is this the type of thing that takes money to make money? Or can I do this with financing? I am also interested in buying homes, remodeling them, and then reselling. What are the ups, downs, things I need to know? Is it possible, or am I getting into something too deep? Thanks for any advice.
P.S. I'm also interested in purchasing properties to rent out. No.. Not to family ;)
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I'm thinking of trying something new. I've been a computer / network tech for years and I am just sick of the same environment day in and day out. Does anyone have any experience buying and selling houses for profit? I am looking into taking a real estate classe next semester, but I thought I would get some ideas first. Is this the type of thing that takes money to make money? Or can I do this with financing? I am also interested in buying homes, remodeling them, and then reselling. What are the ups, downs, things I need to know? Is it possible, or am I getting into something too deep? Thanks for any advice.
P.S. I'm also interested in purchasing properties to rent out. No.. Not to family ;)
I have a good buy for you. My condo
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I'm thinking of trying something new. I've been a computer / network tech for years and I am just sick of the same environment day in and day out. Does anyone have any experience buying and selling houses for profit? I am looking into taking a real estate classe next semester, but I thought I would get some ideas first. Is this the type of thing that takes money to make money? Or can I do this with financing? I am also interested in buying homes, remodeling them, and then reselling. What are the ups, downs, things I need to know? Is it possible, or am I getting into something too deep? Thanks for any advice.
P.S. I'm also interested in purchasing properties to rent out. No.. Not to family ;)
check your pms
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This should be good.
Actually it went to page 2 right quick. C'mon, I KNOW there are a lot of you interested in this stuff.
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Bad timing. :)
Bad timing for the thread? Or bad timing to get into this business? I don't want to start buying today. I want to know everything I need to know before I get started. How do I get a license? What are good classes to take? What are good companies to work with?
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Bad timing. :)
Agreed. Bad timing to get into this type of business. It can still be done but with little or no experience doing it, you may be in for a world of hurt.
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Bad timing for the thread? Or bad timing to get into this business? I don't want to start buying today. I want to know everything I need to know before I get started. How do I get a license? What are good classes to take? What are good companies to work with?
Here is where I went for my broker lic..
http://www.asreb.com/
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Agreed. Bad timing to get into this type of business. It can still be done but with little or no experience doing it, you may be in for a world of hurt.
Ok, I'm ready to learn. I've heard that house values will drop again next winter. I want to be prepared to buy at that time. Does that sound about right?