Hi everyone. I am 18 years old and I live in Brooklyn, NY. I live with my parents, I have no credit. I ordered Dean's book the other day, and I should get it in about 2 weeks. Im ready to get started soon. I need some help and advice, where do I start? What do I do? I used to work in a catering hall, and I have saved up $30,000 of my own money. I do not work right now, I want to invest everything in real estate. I know it is not much, but where can I start, what can I do with my 30k? I want a better life, I want to have money, and be able to go on vacations, and have a beautiful home, nice cars, I dream of getting a better life. I know I am young, but I want to start making serious cash soon. My mom does not support me at all in buying a home, she is afraid I will lose all of my money. Because of the doubt it makes we want to push even harder to be very successful.
I am looking for someone to tell me where I can start. I have been searching the net a lot. I found a home that Iv'e seen up on the market for a while, it is in Camden, NJ. The house is a foreclosure, last month this house was for sale for about $20,000. It is now up for around only $13,000. I called the agent, and was told that the house needs new plumbing, bathroom and kitchen. He said it needs around 20k-30k worth of work. Why did this house not sell already??
I have this confidence about Dean, there are a lot of people with commercials, but I see all these stories and I think I can become rich also. If anyone has any advice on where I can start, etc., that would be great. Also, when I see annual taxes on a home, what does the annual mean? Taxes charged every year? every month? every 3 months?
This train, Dreams will not be thwarted
This train, Faith will be rewarded
Big wheel roll through fields where sunlight streams
Meet me in the Land Of Hope And Dreams