Monday, March 15, 2010

Remote Real Estate Investing - Ready?

My investor clients, when it was still a sellers' market and before Lehman Brothers downfall, loved everything I showed them to buy.  They put in offers on almost everything I showed them - often times 5 properties in one day.  They were usually outbid.  So I tried residential rentals for a while.  But, now that it is a buyers market and I have the Ultimate Machine - my Dell Inspiron laptop - I am very ready to start building my remote real estate business.  Thus one can take creative real estate investing on the road and put it into overdrive.

Yet I feel hesitant.  Mostly because I know, contrary to what the Guru's teach, I SHOULD have ready and able buyers lined up BEFORE I build the inventory.  I have the source of inventory.  Done.  Now I am ready to get the buyers.  I am VERY good at working with buyers; that is where my success came from as a real estate agent.  Now, as an independent investor, I will be a principal in the deal.  No license needed.

Where to go to get the proper training?  Who teaches the proper way to structure a deal to get paid LEGALLY without having a real estate license?  What are some easy ways to structure your creative real estate investing scenarios?  Let me know who your favorites are.  Comments are welcome.