One thing you will quickly discover about real estate is that it is not as easy as you may really think that it is. You can find yourself struggling with build a foreclosed property where you can actually make a profit. There are shows about flipping properties that makes everyone assume that they can do it too.
You may not even know what you need to look for.
One thing that people tend to see about Nick Vertucci is that he is someone that has gone through the steps that real estate investors are just experiencing. This is why he started the Nick Vertucci Real Estate Academy. He wanted to show people that there was a chance to make a profit, but it was about more than the glamour and glitz of the HGTV spotlight. Vertucci wanted people to know that there would be times where sweat equity would be needed it.
The thing that Nick Vertucci does is give people a much more realistic perspective. As an investor you may assume that you can buy property and contract all the work out. This, according to Nick Vertucci, is the quickest way to lose money. You may be able to contract out more work as you gain experience and make a profit, but you never start with a lot of contracted workers in the beginning. There is too much of a risk in losing money this way.
What you ultimately need to do is get into the business of flipping homes by getting out there and doing some of the work yourself. That is what it will take to help bring your budget down to a realistic place. These are the types of things that you learn when you start attending Nick Vertucci Real Estate classes. You become much more aware.