How To "Realistically" Get Started As A Real Estate Investor

When it comes to real estate investing, most beginners find themselves with plenty of desire, a little bit of knowledge (from books, seminars, online message boards or something like that) and in most cases they have little or no money to get started with. Does this sound like you? If so you are not alone. Not by a long shot.

If you've spent any time online researching this topic you will have undoubtedly found a countless number of articles, books, CD sets and boot camps out there that all promote some super duper "investing secret or technique" that will teach you everything you need to know to be successful.. even if you have no money or experience in the business. Call me a "kill joy", but in my experience, these types of things are not very realistic.

I'm NOT saying that these super secret secrets can't produce success. I'm saying for most normal and sincerely interested people (like my 65 year old single Mother), the sophisticated & sometimes pushy techniques that are often touted by the "gurus" are simply not a viable option for them.

The good news is that there are realistic and practical ways to get started as a real estate investor regardless of your experience level or the amount of cash you have on hand. In my humble opinion the best option is a process called "Scouting". Scouting is probably one of the most realistic and practical ways to get started available for beginning investors.

What Is Real Estate Investment Scouting

In the medical profession every doctor must complete an internship or residency before they are permitted to become a licensed practicing physician. In some cases that internship can take many years to complete. Now, if you think about real estate investment as a business and not as a "hobby" or a little "side project" a smart question to ask is..."Does an internship for the real estate investment business make as much sense as it does in other fields?" I think the answer is yes, but take some time and think about it for yourself.

I believe that success in this business or any other business requires that you must first learn the basics and develop a firm knowledge of the rules of the game. There are plenty of methods you could use to learn the basics but I believe that the best way to acquire these much-needed essentials is out there in the real world, getting your hands dirty by actually studying the market and evaluating investment results first hand. And more importantly, doing so without risking your own money.

This can be accomplished by becoming a "Real Estate Investment Scout". Scouting or "Bird Dogging" as some like to call it, is an activity that anyone can do regardless of their age, experience, income or credit history and without having to spend large sums of money. Scouting opportunities for other investors; is a safe way to gather the knowledge that will ensure your success. As well as limit the risk of exposing your own personal money while you