these questions have been asked and answered so many times. you can DEFINITELY find info related to these exact questions.
what experience do you have in the industry?
know this - it is NOT as “easy” as you think it is.
if you have excessive cash - it can be “easier”.
without cash, with a solid foundation and plan - it can be “easier”.
it all depends on what you want to do.
thus bringing me to the most important advice/feedback you can receive on questions like this:
IT’S UP TO YOU.
it’s up to you what you want to do in real estate. as a newbie, i found myself backlogged with information. you’ve got to sort through it. YOU MUST DEVELOP A PLAN that you feel comfortable with AND THEN GO OUT AND STICK TO IT.
if you don’t do this, you won’t get very far. you’ll become so backlogged with an overflow of information that you’ll be dizzy.
if you choose to go out and start buying with little money in your pocket and doing X Y Z with properties, then do it.
if you decide to piggy back from another investor, do it.
if you decide to get your realtors license or contractors license, do it.
if you decide to buy one property, live in it for year, fix it up, and sell it, do it.
if you decide to buy one rental property, fix it up, refi and rent it, establish seasoning and do it again,do it.
the MOST IMPORTANT THING YOU CAN DO is to educate yourself enough to the point where you can make…you know where this is going…AN EDUCATED DECISION about your investment/business goals.
the biggest mistake you can make is talking yourself out of investing in real estate because of this or that.
the biggest mistake many newbies make, i think most investors will tell you, is not getting involved sooner!
if you want to do something, focus your mind on it, be positive, raise your life standards and get it. life is a journey…not a destination.