New Husband/Wife Team...Where to Start?

New Husband/Wife Team...Where to Start?

Douglasville, GA · Member since 2015 · 29 posts · 11 votes

Hey everyone!

My wife and I recently decided that real estate is something that we want to pursue together, and our current goal is to flip our first house before the end of the year. We are in our research phase, so we're doing lots of reading, listening to podcasts (that's how I found you guys), looking at real estate online, etc. 

We wanted to give ourselves enough time to properly plan so that we don't fail. I have a few questions and we would be extremely grateful for any guidance and direction that we receive.

1. Is it worth it, at this stage in our real estate careers, to get my real estate license?

2. What is the "best" website for searching for homes that are on the market? Any preferences?

3. Are there any great iOS apps for real estate investment that you guys would recommend? I'm a pretty "techy" guy, so I thought I'd ask.

4. How do we find a good hard money lender? Is this the best route if we don't have any actual "cash" to put into this venture at the moment?

Sorry for all of the questions!

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  • Investor · Cleveland, OH · Member since 2015 · 6k+ posts · 2k+ votes
    11y

    @Jacob Sanders Well, you HAVE already started (by asking lots of good questions, here)!

    Always good to be on the same page as a couple too. If you have good equity in your own home, that should save you from having to find money that is excessively "hard". If you don't have your own home, are you planning to? (Many will recommend starting out by buying a Multi-plex, live in one and rent the rest out).

    At this stage I shouldn't think you need to get your Agents License. Your priorities will become clearer with time, THEN you can decide about that.

    But, it is never too soon to: SAVE, SAVE, SAVE! Cheers...

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