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Updated almost 3 years ago on . Most recent reply

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Will Clark
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How do you start in real estate with 500 dollars?

Will Clark
Posted

I know this is a hilariously small amount, but what can be done with 500 dollars to start investing. I don't care how small the steps are just anything that creates that "first step". I have read real estate property investing, and am going to make a larger income through selling and providing value.

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Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
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Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
Replied

The first step is always honestly assessing where you are. Most people never even do that.

Start learning about financial independence. Read some of the classics out there. Get a handle on your spending, figure out what you will need to do to get to your first investment. Is this analysis paralysis? No. There is no such thing as analysis paralysis when you're broke as hell.

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