Advice on next steps for a first time investor.

[Aly E.]

Hello,

I am starting my journey with real-estate investing, and would like to know if there is a blue print for someone new like me to follow when purchasing first property. Here is what I am currently working on:

• Almost done reading Greene's BRRRR book.
• Saving up capital to buy a property out of pocket that would need rehab. My current target is to buy something around $70k for acquisition, then additional 20-25k for rehab.

My initial questions are:

• Are these numbers realistic to find a decent deal?
• I live in Austin so I highly doubt that I will find any deals with this kind of capital. What are good market areas for me to start looking at? Is out of state OK for a first-time deal?
• According to the book, finding foreclosures and off market deals is better than platforms like Google and Zillow. Should I start looking into platforms like Invelo? Or are there better tools you recommend for this?

Generally, I am trying to get a feeling of what I should be doing next at this point and based on what I shared so far.

Thanks in-advance,

Aly