You are viewing the printer-friendly version of The Best Way to Get StartedThe Best Way to Get StartedPeople that want to begin real estate investing often ask what's the best way to get started. Try bird dogging or real estate jobbing. A real estate jobber is a person who finds qualified leads for a professional real estate investor through a variety of sources. This allows you to start in your spare time, there is no financial risk, hardly any start up costs, you don't need money or credit, you can get hands on experience without risk, and you can find out if real estate investing is really for you. Your job is to find quality leads and the investor handles the rest of the process.You will be paid a referral fee for each lead that an investor is able to close on. The fee arrangements can be made including a flat rate, a percent of purchase price rate, a net profit rate, rates that combine more than one method. You could build a mentor relationship. This is the most efficient way to learn. By supplying good, quality and qualified leads you are saving your investors time and helping them to make money; they will be more willing to help you. A successful jobber needs to know his investor's needs. Know what types of properties, what price ranges and what locations they are looking for. They are your customer, and you must give them what they want. The jobber is like a real estate detective. This is a great risk free way to start your real estate investing career. You earn money while learning the business first hand. But it's not easy. You will have to put in some effort. You need to generate leads which take some time and commitment. This job is not for everyone. Jobbing is an inexpensive way to find out if it's for you before you spend lot of money on courses, books and other materials. This is a win win situation because you get paid to find motivated sellers while saving real estate investors' time and money and you are learning the business. aa |