Looking forward to getting this thing going. Investing in Real Estate is an excellent path to financial freedom, and I am pleased to be a part of investing in Real Estate in St Tammany.
Here is a link to Google map for Scoggin Properties / GMAC Real Estate
There are approximately 4,376,201 ways to invest in real estate, or so my last calculations tell me. Just kidding. There are many paths you can choose. I started with vacant land, just found the largest piece of good land (my biggest criteria were size and flood zone) for the cheapest price in a given area, bought it, subdivided it and almost tripled my money. My area at the time was W St Tammany. I actually took my time with it and took about a year, but I could have done it faster, especially if I would have had more experience.
Regardless, you can buy land, flip homes, rentals, multi-family, commercial, there are a whole bunch of ways to invest, but you have to do it right. Robert Kiyosaki has created a game called Cash Flow, and it is an excellent tool for learning about investing. It teaches the difference of good debt, vs. bad debt. Therefore, this is what we have planned. 3 games allowing for 15 players, as well as sandwiches and drinks. We will be available for any questions about real estate, including home values, inventory, days on market. Questions about researching deeds and mortgages with the Clerk of Court, foreclosures, short sales, mortgage pre-qualification, title insurance, home inspection. You name it, we are going to cover it. If I do not have the person at our meeting who can answer your question, I will make sure you get in touch with the right person. This is our goal at the meetings. We are here to provide information and build relationships.
Alright. Wednesday evening. February 25th, between 6:30 and 8:30pm. I will see you there. I want to give an early thanks to Stewart Title of Mandeville and Integra Lending Group of Madisonville for being two of our sponsors. It is going to be a good time.