The
MANUFACTURED HOUSING GLOBAL NETWORK
Home     Privacy & Security     Contact Us    
 
What do you want to know about manufactured housing?
Manufactured Housing Web Search
Home Search     Forum Search     Business Search    


Financing   Buy A Home Sell A Home Repair & Renovation Free Classifieds   Forums Books Insurance

Real Estate Careers Johnson City TN

There are four stages to a real estate investor's career. If you make it to stage four, you'll be rewarded with a life spent on your own terms, where you control your own destiny.

Re/Max Renaissance Realtors
(423) 756-5700
103 Cherokee Blvd.Ste 2A
Chattanooga, TN
 
Re/Max At The Lakes
(865) 986-0074
204 Rose Street
Lenoir City, TN
 
Re/Max First
(865) 981-1004
612 Crawford St
Maryville, TN
 
C. D. Askew Company, Realtors
(901) 526-2278
165 Madison, Ste. 1318
Memphis, TN
 
Palmer Brothers, Inc.
(901) 726-1674
841 S. Cooper
Memphis, TN
 
Re/Max Elite
(615) 661-4400
109 Westpark DrSte 100
Brentwood, TN
 
Re/Max Real Estate Center Plus
(423) 664-6644
6016 Ringgold Rd
Chattanooga, TN
 
Colliers Wilkinson Snowden
(901) 375-4800
3644 Winchester Road, #101
Memphis, TN
 
Vaco Mid-South
(901) 333-2250
6000 Poplar Avenue, Suite 216
Memphis, TN
 
Lurie and Associates, LLC
(901) 794-6022
3120 South Perkins, Suite 303
Memphis, TN
 

The Four Life Changing Stages of a Real Estate Investor

The Four Life Changing Stages Of A Real Estate Investor
Tue 08/18/09 09:24:20 pm
by Jason Hanson

There are four stages to a real estate investor’s career. If you make it to stage four, you’ll be rewarded with a life spent on your own terms, where you control your own destiny.

Stage one begins at 3:00 am one morning. You’re channel surfing and you stop on an infomercial of Carleton Sheets sitting on the beaches of Hawaii. Because there’s nothing else on TV at that time, you sit through the 30 minute infomercial. The next morning you wake up and you can’t get real estate investing out of your mind. You’re sick of your job and have wanted to get out of the rat race for a while now. You know that many fortunes have been made in real estate and you decide that you’re going to begin on the path to a better lifestyle.

You don’t have the foggiest idea in the world how to invest in real estate so you go to the bookstore and read a few real estate books. After two or three books you think you’re pretty much an expert. Maybe you try to buy a house through a Realtor, or maybe you put out some signs and find a motivated seller that way.

Stage one is a very dangerous stage. This is where a lot of people get taken advantage of by con artists, because you don’t know what you don’t know. You also might do a terrible deal and lose thousands of dollars (I did a horrible deal in this stage that cost me $20,000). If you survive stage one, then you move on to stage two. Unfortunately, 95% of people quit at stage one (this is why less than 5% of people in this country are millionaires).

In stage two, you quickly realize that you need help. You realize you need to get a mentor and purchase some quality courses and read this magazine to give you a proper education. You also attend a few seminars and attend your local real estate investment meetings. You set up your LLC, get business cards, set up a website, get a dedicated phone number and make sure your infrastructure is in place.

You also learn the importance of marketing. You create a marketing plan and start putting up your bandit signs, mailing your postcards and letters and networking every chance you get. Through the help of your mentor and your education, you get your first deal and make your first profit in this business (mine was a check for $3,500). The feeling you get in stage two is amazing. You finally believe in yourself and in this business. You know that the business works and your self-confidence explodes. In stage two you close 1-4 deals.

In stage three you continue to invest heavily in your education. You get another mentor, buy more educational products and attend more seminars. You also learn multiple investing techniques. If you started out as a wholesaler, you learn how to do subject-to and lease options. It’s very important to learn multiple techniques in this stage. If you aren’t able to create several solutions every time you evaluate a property, you won’t las...

Click here to read the rest of the article from mobilehome.com

Tennessee Real Estate Continuing Education Requirements

Continuing Education Requirements: 16 real estate continuing education hours every 2 years

Renewal: Varied Renewal

Mandatory Courses: Real Estate Law/Rule/Policy Update, Agency and Representation, Contract Issues

Source: www.renewalzone.com


© Copyright 2008 Express Network Solutions
Manufactured Housing Global Network

Page Cached @ Tuesday, 18th January, 2011 @ 02:00am

Served by checkov .xpr.com
@ 02:01:59