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Updated 7 months ago,
What I would do if I were to start investing today (especially, in today's market)
To give everyone just a little background since 2018 I have built a portfolio of 194 rental units. I did this through seller financing, creative purchases, and utilizing other people's money.
I want to take a moment to give a few quick tips to new investors jumping into this market.
Tip #1 Every market has deals, don't fall for the downers. Investors made a killing buying homes in 2010 when many companies were going under and everyone in real estate panicked.
Tip #2 Only listen to investors who are where you want to be. There is so much noise out there that is often incorrect.
Tip #3 Invest for the long run, it is safer and builds wealth.
Tip #4 Be humble, always be willing to learn, and never let your ego stop that.
Tip #5 Sales skills and communication will have a greater impact on your success than any other skill.
Bonus Tip #6 Stay positive, no matter what happens.