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Updated over 11 years ago on . Most recent reply

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Jose Vazquez
  • Brooklyn, NY
0
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14
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next step after beginners guide

Jose Vazquez
  • Brooklyn, NY
Posted

hello everyone. I just finished reading the beginners guide and was wondering where is a great place to begin looking and how should I approach it.

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40
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9
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Brandon Jackson
  • Real Estate Investor
  • Rantoul, IL
9
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40
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Brandon Jackson
  • Real Estate Investor
  • Rantoul, IL
Replied

Speaking from experience: Your next move is to take some time aside and plan.

BP has a wealth of information, but that information is useless unless you have a clear plan of action.

What are you wanting to do? Are you interested in passive income from renting? Or are you out for the thrill and big payday that comes from rolling the dice with wholesale/ Fix & Flips? Whats your market? Do you want to focus on foreclosures ? Probate maybe? Where are you at personally financially? Do you have money to invest in a project? Can you qualify for mortgage financing on a rental property? Things of this nature need to be well thought out, or you will get burnt out quick.

Real Estate Investing is a process when starting out. Theres nothing wrong with taking your time.

and please please PLEASE: Do NOT hesitate to ask questions. Don't be intimidated by all these professionals. They are here to help and exchange information (and if you ask, are normally more than happy to help a newbie)

I wish you luck my friend

See you at the top

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