Question:

How does real estate work?

I would like to know how the whole process of buying real estate works. What I mean by this is house does buying a home to live in work. Also, I would like to know how buying land works, and where would be a good place to look to find inexpensive land. I have had a general plan for some time, now. What I am looking to do is buy some land and build my own house, myself. The only problem is that I do not know how the whole buying process works. I am sure there are taxes, and the buying process might be different in every state. If it helps answer my question to a finer degree; I live in Florida. Thank you.

Answer:

Hi Cam, How do I say this and sound beliveable? I'm NOT a spammer, NOT affiliated with Carleton Sheets, NOR make a penny by saying this but I actually began my career by watching late night infomercials by him and Russ Whitney and bought these programs and the returns over the years are incalculable. I'm sure you can find these free somewhere now on the net, library etc. but suggest you buy since I think in those programs (I have the bank account to show it). Just seems fair for their time. Anywho, the biggest thing to remember is DON'T use banks if possible. I found partners, angels (private investors), creative financing, even trading a truck for a down payment on a rental, etc... and never borrowed a dime from a bank. It's common sense. Building/buying a personal home is TOTALLY different than investment real estate. I'll make it simple. EDUCATE yourself (I started before the net and now there are TONS of resourses available). I believe in basics. Beg, borrow, steal, buy, whatever Carleton Sheets course and just read it first. You WILL know where to go from there because it will open your mind. May sound corny but it sure worked for me. Good Luck

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