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Updated almost 2 years ago on . Most recent reply
How To Invest In Real Estate by Joshua Dorkin and Brandon Turner
I just finished reading "How To Invest In Real Estate by Joshua Dorkin and Brandon Turner". It's an amazing book for aspiring investors like myself and frankly, anybody whether you're a newbie or a veteran. Here's my takeaway:
1. There are multiple pathways to real estate investing - House hacking, buy and hold, flips, BRRRR, wholesaling etc. To be successful, one must figure out which strategy they're most comfortable with, that aligns with their goals, and the one they think they can be most committed to. Once figured out, you need to focus on that strategy and that strategy alone until you become good at it, then you can move on to the next one.
2. You need to find a niche (or a few niches) and hone your skills within that niche.
3. You need to love numbers (no you don't have to be good at math). Fortunately there are multiple calculators within the BiggerPockets community than can help you make an informed decision.
4. You need to network and not be afraid to ask questions.
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Thanks for sharing!
I wish you all the best in your investing journey.