Where can I find the best information on how to foreclosure investing?
Mar.06, 2010 in
Foreclosure Investing
I am looking for Seminars, books, CD’s and or clubs to learn how to invest in foreclosures & Real Estate in general. I know there is tons of information out there; how do I find some worth its money?
March 6th, 2010 at 11:27 am
Your city should have an investors club. If you don’t know of one contact the Chamber of Commerce and some local realtors. Also contact some mortgage loan officers or brokers. They should be able to point you in the right direction. Those books with “__for Dummies” are good.
They have one for just about every subject. Go to your bookstore and look through a stack of books about the kind of investing you are interested in.
March 6th, 2010 at 12:12 pm
Millionaire Real Estate investor by Gary Keller (One of the founders of Keller-Williams real estate company)
Great book on how to be an investor, not a speculator. It also break down the various ways to look at investing and evaluating potential properties.
The best nugget from the book was this: Once you decide to invest, get everything lined up, the money, the lender, etc. Then wait for the right property to come along. Real estate investing is not about being in the right place at the right time, it is about being in the right place ALL the time.
March 6th, 2010 at 12:14 pm
I would start with looking at the HUD website that has listings of foreclosures. It’s a government website, so it should be pretty dependable.
March 6th, 2010 at 1:13 pm
There are literally tons of books available online or in your bookstore. My favorite out of all of them for a beginner is the Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days by Don Sausa on Amazon or Barnes and Noble.