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Carleton Sheets Real Estate Investing
| | Wednesday, September 04, 2002 @ 11:17 AM EDT
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Contributed by: Joe
Joe Properties
Read more archived articles about Buying
Over and over in the forums we pretty much hear the same question. "I have purchased Carleton Sheets' course and haven't bought any property. How can I buy property." I would like to go over two items in the Carleton Sheets' program that made me get started.
One of the crucial items in Carleton Sheets' course is goal setting. Goal Setting is one of the first chapters in Carleton's course. By setting your goals, you will be able to achieve them. You must write your goals down instead of keep them in your head. Writing your goals down weekly will help you keep your self accountable for your own goals. And like Carleton says, "Goal Setting is as important to real estate investing as the oxygen that you breathe" .
The second item that the Carleton Sheets' course talks about is being a first-time homebuyer. If you are a first time homebuyer, there are multiple
options that are available to you. My first real estate investing property was a HUD home that was foreclosed on. I bought the property, rehabbed it, lived in it for three years and rented out the two of the three rooms. I used the 203(k) program to get my first place. In this deal with the government, you get a property that does need a little fix-up (rehab money can go into the loan). This is a win-win situation for the Government and you.
To all of the Carleton Sheets' Students, re-read Carleton Sheet's course chapter about Government programs. Check out this 203(k) program by visiting your local HUD office and get your first property!
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