Extremely new at all of this

[Rebecca Morris]

I am new, like pre-school new, to real estate investing and am confused about where to even start.  I have looked at several courses and they all want my investment $ to teach me how to invest.  Ummmm.  So for now I am striking out on my own.  Well, alone until I found this site.  But this site is overwhelming with all the info available here and I have to idea where to begin.  Anyone have the first 10 steps to take?  That would be a good beginning.  I am checking out a couple of books to read and I have the time available to study and learn.  And most importantly I have the desire and the why!

[Min Zhang]

Hi Rebecca, I highly recommend starting by clarifying your investment goals. Are you aiming for cash flow, appreciation, or a combination of both? Next, it’s essential to identify the market where you plan to invest. If the numbers don’t align with your expectations locally, it might be worth exploring other options. Also, don’t forget to do your research and connect with fellow investors. 

For beginners, I always suggest considering turnkey rentals. They can provide a hassle-free way to enter the market since the properties are already renovated and often come with tenants in place. Best of luck on your investing journey!