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Updated over 1 year ago, 06/15/2023
Moving soon. Just starting out. Am I on the right track?
Hi there! I am very new to real estate investing and in real estate in general. After several years of thinking on it and saving up as best I can, I've finally decided to go all in with this path. I've gotten books, tuned in to podcasts, watched videos, signed up for BP pro and just trying to learn from others as much as possible right now. I will be moving to Denver, CO at the end of August and was thinking the best way to getting started would be to work for my real estate license to get an idea of how everything works before diving into investing. All in all, I would like to work towards house-hacking and finding/closing larger multi-family properties sooner than later.
When the time comes that I've found a good deal, I have a contractor as well as some potential limited partners as a start.
My biggest questions right now are:
-Would it be a good investment to get my real estate license first or should I dive right into trying to find a deal to invest in?
-What's the best way to find a team to work with on a deal and what does that team look like? Who are the necessary people involved?
-How do you find deals in the first place? (Outside of Zillow, Trulia, etc.) Mainly, how do you find deals that have 4-20+ units? Am I being too ambitious by thinking that big?
Any words of advice would be greatly appreciated and if anyone lives in the Denver or nearby areas, would love to connect prior to and after I make my move!