Beginner - what helped you start?

[Christian Saastad]

Hello All,

I recently heard of BiggerPockets reading a book. My Wife and I currently own one single family property that we have rented out for a few years.

I really started taking my learning in real estate investing about 6 months ago. Our first property just sort of happened. We lived in it, I was offered a role in a different state with my company and we chose to keep the home and rent it out.

The goal long term is to create a net cash flow that matches my primary take home while also owning long term as part of our retirement.

I don't really have anyone within my friends or family who invest in real estate so I've taken the learning on myself.

Short-term, my goal is to learn as much as I can and add to our real estate portfolio by year's end. I'm interested in multi-family, preferably a duplex or triplex. The area I live in is not ideal due to cost, so I have been checking out other areas of the country to see what is out there.

My primary question is, how did you get started? What was your situation like? We have expendable income, but not a ton of liquid capital to put down. We have no debt besides our primary residence and one rental property, although we have two kids in multiple sports 🤣.

Looking forward to hearing your story and possible suggestions.

Respectfully,

Christian