This article is to explain a little bit about our company, how and why we got started, and you skill to get started. There is a terrible rumor going around that now’s not the time to become involved in real estate, but I can realize why the rumor got started. With all that is going on with the housing marketing, financial institutions, and government bailouts — why would anyone want to invest there hard earned dollars into such a volatile situation? Well the truth is now’s just a good a time as any, if not better, to invest your money in real estate.
Why we got started is straightforward — Favored Enterprises was formed to assist families desperate to sell their homes quickly, avoid foreclosure and preserve their credit. Our company is part of one of the largest real estate investment groups based through King George’s Local Md, which can offer various purchasing options, and methods of less expensive rental and rent-to-own opportunities to assist families in protecting their credit, getting back on their feet and back into home ownership.
We offer our services to any families in pre-foreclosure status who come to your attention. We can assist families and individuals whoever financial status may have changed unexpectedly, are behind in their mortgage repayments and want to sell their homes quickly to get out of a stressful situation. Through the investing group, we are in contact with a number of investors who are able to close on home sales quickly and make speedy restorations to prepare the homes for re-sale or rental, thus protecting the integrity Mercer Hughes Real Estate Group of the neighborhoods in which the homes are situated. It is even possible for us to assist persons with no fairness in their homes.
How you got started was by attending a free workshop given by Lloyd & Vicki Irvin, which changed our lives. We are two those that have IT backgrounds looking to not remain employees. We realized we didn’t want to live from check to check and wanted to provide a great future for ourselves, and our children. We wasted no time to buy our education and try a prospering real estate group.
You to can try real estate, making money and helping others along the way. Three key things to get started in real estate investing are as follows:
I would first recommend getting involved with a mentor or real estate group in your area. For me personally, I’m a hands-on person. I learn better in a class setting where I can interact with others, so just reading a book and trying to apply everything I read, didn’t cut it for me.
Secondly, come up with a company name and buy an LLC — this stands between your personal assets from your business and you can set out to go shopping in your business name.
Finally, money is not needed to get started with investing in real estate. So although not necessary, open a business brand of fairness. Depending on what you’d like to do, this can be useful in doing fix and flips or for any repair work.