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Updated almost 10 years ago,
Beginning Investor in Connecticut: Looking for Advice and Warnings
I recently decided to become involved with real-estate investing, but before I do anything else I'd like to become knowledgeable on the subject. I've read several books/ blogs and the majority of these suggest the best way to begin is wholesaling. I'm a Business student in my twenties with limited funds, so it seems like this may be the best way to start out.
I'm also interested in purchasing multi-family homes to rent.
So far the biggest questions I have are:
Is wholesaling really the best start for beginners?
Should I stick to my local area (New Haven/ Fairfield County, Connecticut) or consider out of state properties?
How do I find a mentor and establish contacts with others in my area?
These are just a few of the questions I have; it seems like there is an endless amount of information to know on REI. I welcome any feedback that is offered!