Newbie to the BP community

[Tasha Jones]

Hey BP community, new to investing for a profit but not to real estate. I live in Miami, Fl at the age of 25 i was giving my childhood house i grow up in from my mom. Under a couple conditions I was responsible for making the mortgage payments and maintaining the property until I put it in my name. As of the beginning of last year, that's what I did. But doing the process I managed to build over 150k into the equity by not letting my mom refi the property. Now I understand things more about the real estate world. I'm preparing myself to start investing more in real estate for a profit. Just wanted to know if anyone had any suggestions on where to start my journey. Thanks in advance

[Trevor Fleck]

Congrats @Tasha Jones. Sounds like you've got some good equity to put to work. Aside from the usual advice about reading every real estate book you can get your hands on, engaging on BP, and connecting with local investors who are where you hope to be in 5-10 years, I think your next step is to decide on what asset class you want to invest in and where. These aren't small considerations. If it's overwhelming you may want to look into turnkey companies who have an existing network you can tap into and provide some "guardrails" that help mitigate some of the risk - particularly for those just getting started. While I live in Raleigh, NC for example, I invest in Cape Coral, FL through a turnkey company - Rent to Retirement. You may want to reach out to turnkey companies like this to begin educating yourself and learning about different options at your disposal.