Elizabeth shares how she got started in home buying.
Elizabeth got married, moved to a small town in Texas and shares the struggles in finding a job, after graduating college. She decided that she wanted a job of something portable, so she got into rental.
She explains when she brought her first home, which was a foreclosure. Her and her husband both fixed up the house themselves. She also explains how she landed her job, which was in real estate and learned the ins and outs of the industry.
During this time is when she started her blog reluctant landlord. She wanted to share the good side of real estate and how you can be successful in doing buying a home.
She also shares how her husband was reluctant at first but was very supportive in Elizabeth decision to buy homes. She even wrote a post about it.
She shares her October income report of 2015, how she is making money from house buying.
Elizabeth shares that to be successful in real estate you have to go in with the mind-set that it’s an investment, your house will need to rent for more than your mortgage, it will become an asset.
For those in the military, does it make sense to buy a house, even if you are moving every two years? Elizabeth answers this question.
For every “Crazy moment” there’s was a positive one as well. When it comes to home buying you will have crazy moments but you will learn from them and it will help you grow.
We talk about some of the 3 basic things that need to be fixed when fixing up your home:
- Cabinets, etc.
Treating your house buying Journey as a business, you will be successful. She shares the ultimate of goal of why she does the business side of home buying.
She explains her passion in helping EVERYONE and the military community, in being successful in home buying. To be successful, you must take baby steps and eventually it will all add up.
I LOVE that she mentions that the business side of home buying is a marathon… It is not a get-rich-quick scheme and you GOT to keep moving forward during the negative moments.
She talks about being 3 million dollars in debt and being Mortgage FREE!
She shares don’t get too over whelmed with buying a house and the experience she shares in buying 6 homes, she explains that if it makes sense financially for your family do it.
First three things as a first time home buyer should do:
- Find a great realtor
- Mortgage broker will let you know how much you will be qualified for
- Go find your house (She talks about, what she looks for in buying a house)
This is part 1 to the secrets to success in real estate and home buying, next Monday will be part 2 and more great tips and testimony to being successful in being a first time home buyer and real estate!
You want to check out what Elizabeth is doing or have a question, check her out here…