how to get started investing in real estate to flip homes?

The real estate industry is swiftly losing business, so I don’t know if that’s the best place to invest your money right now. And I attribute a small part of the problem to house flippers who take affordable homes, and turn them into properties that only a small segment of the population can afford.

You ever heard the saying “when the student is ready the master will appear”, well its a bunch of bull.

I was looking for a mentor when I first got started with this, but the only “mentor” that was forthcoming were various books on the subject. I’d suggest just reading and reading different books – don’t take any of the classes hyped on late night tv, as they are way to expensive and no better (often much worse) than what you can get from a book. Then go get a real estate license – you really gotta have this to get access to the info on what houses are worth, and to be able to flip them with no (no at least less) commissions.

Then when you are ready and think you have foudn the right place, go ahead and start putting in contracts. The rule I used was that for every 10 bids I put in I would actually end up with one place. If I was winning more than 1 in 10 I was bidding to high (but this may vary depending on the market and such – if you find the right place at a fantastic price, go ahead and bid full price – if you don’t someone else will).

Expect to make mistakes on the first few, just make sure there are fewer mistakes on each subsequent one and the mistakes cost you less.

So, just go out and do this yourself. Forget about finding a mentor, its up to you to make this happen, and I’d suggest staying away from partners too – that rarely works out as well.

Good luck.

any details about stock market,
i hope this will helps u……

Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.

wish it will help you.

Good Luck , Best Wishes!