Where should I begin

[J Raj]

Hi All

I am a newbie and have no idea where to start. Can someone please give me some pointers?

Thanks

Jay

[Marc Izquierdo]

I highly recommend reading the BiggerPockets books "The book on rental property investing", "The book on managing rental property", and "The book on flipping houses". I consider these to be my foundations. After that, save up some cash and then talk to a real estate agent in your area to describe what you want to do and when you want to purchase your first property. I wouldn't necessarily reach out to an agent until you're about 3 months from being ready to buy.

After you've done all of that, hopefully your agent will start sending you properties to look at. Most of them won't be worth buying. However, you should prove that to yourself by doing a full analysis on each property. As you do your analysis using the principles you learned in the books that I mentioned, you'll start to build a spreadsheet that will help you analyze deals quicker in the future. You'll also start to get familiar with what makes a good deal. At that point, you don't have to do a deep analysis on every property anymore, you'll be able to quickly identify possible deals.