I’m so happy that I found this web site…What a wealth of info here!!!
First, let me introduce myself. Me and my husband live in Northern California. We have decided to start investing in RE and are in the process of educating ourselves before we dive in. Probably going to focus on purchasing 4-plex - 6 unit rental properties. We have excellent credit and we have 20K to invest.
We attended the Rich Dads Real Estate Seminar in San Fran in Feb and I have read “Make Money w/Small Income Properties”, “Make Money w/Condos and THs”, “Buy Low, Rent Smart, Sell High”, “Secrets of a Millionaire Landlord”, and “How to Avoid the 75 Most Costly Mistakes every Investor Makes”.Now for the questions…
- What other educational resources/books/courses would you recommend?
- We live in California and it is definitely a seller’s market, we would like to invest in Cali but really can’t afford any property in our area (maybe we can and I’m just intimidated by the asking prices). Should we look at rental property in another state or be patient and keep looking for a deal in Cali?
- I keep reading about “no money down” deals, are these deals usually “owner financed” deals?
4)Do you have any other suggestions of where how we can get started?
Thanks in Advance for Any Suggestions/Advice!!!