How can I start investing in real estate?

Where and how do I start investing in real estate? That is probably your key question now. Depending on your real estate interests, there are many ways to begin, such as buying fixer-upper houses, investing with little or no cash, nothing down, lease-options, probates and bankruptcy properties, managing rental properties, and buying properties right to earn your first profit at the time of purchase.

Beginners should beware of

"paralysis of analysis"

But please don't develop "the paralysis of analysis." That disease afflicts many beginning real estate investors who over-study but delay buying their first property. If you wait for optimum conditions, such as low mortgage interest rates, abundant supply of properties for sale with "profit potential," low purchase prices and rapid market-value appreciation rates, that will never happen.

After you buy that first investment property, such as your home, you will discover you either love or hate this real estate investment business. Until you purchase your first investment property, you'll never know for sure if you are cut out to earn big real estate investment profits.

Source: Bob Bruss - Inman News 1-12-2006