Action Items for Beginner

[NA Marvin]

Hey y'all!

I just finished How to Invest in Real Estate: The Ultimate Beginner’s Guide to Getting Started by Joshua Dorkin and Brandon Turner. From that, I created the following action items that seem necessary prior to purchasing an investment property. I would love any tips or feedback. Thank in advance! 

• 1. Learn real estate lingo & math
• 2. Define: what is my value add?
• 3. Track my current finances & reduce where appropriate
• 4. Bring spouse on board (both with finances and real estate investment)
• 5. Understand (current) market cycle
• 6. Learn markets in my area (of interests)
• 7. Assemble real estate team
• 8. Choose niche and strategy
• 9. Choose niche and strategy 
• 10. Network with local real estate folks
• 11. Create business plan & execute