i REALLY NEED SOME HELP! WHAT IS THE BEST WAY TO GET STARTED?
Welcome to the REI Club!
i REALLY NEED SOME HELP! WHAT IS THE BEST WAY TO GET STARTED?
That is a pretty broad statement. What do you need to get started on? What have you already done in preparation? (i.e. books, training, meetings, etc.)
Real Estate investing is made up of numerous niches. Which one is it that interests you most?
Clean up your credit, if needed.
Reduce your living expenses and live below your means as much as possible.
Pay off all credit cards and loans.
Save as much money as you can.
Read. There’s this really cool site called www.REIClub.com. It has a TON of forums with TONS of information from TONS of great people that have TONS of knowledge.
Locally, you could join your REIA meetings and find investors to learn from, maybe even find a mentor.
In the meantime, read.
BUY A HOUSE!!!
SELL A HOUSE!!!
Pick ONE aspect of real-estate investing that you think that you will enjoy. Learn all you can about that aspect. Become the expert. Then… make it happen! Actually doing it will be in comparison to high school vs. college, so be prepared for that workload jump. But, if you learned well in “high school”, you’ll be able to transition to “college” well enough. Once you’ve gotten that one aspect of real-estate investing comfortable enough that you don’t freak out with every new project, then start exploring the other aspects. However, once you’re comfortable in your preferred aspect you may be doing so well in it, that it won’t be worth the ramp-up time for another aspect. That’s what networking is all about… Enjoy! :beer
Dean