Any tips?

[Adriel Solorzano]

Hello there! My name is Adriel, and I'm a new to real estate investing. I've read a few articles, and see a few webinars and pod-casts. I am just 16, but real estate investing really attracts me! What I have in mind is to buy houses below FMV either though foreclosure or something, renovate it, and then rent it out so I can have a monthly cash flow. I live in Hialeah, Florida. I want to start learning how to understand the current market for listings, the rental rates, the average repair cost, etc, ect. But I have no clue on how to do that! Sometimes I go on zillow or loopnet and check out some properties near my area that are foreclosed or for sale and check them out. But I wouldn't know if there was a good deal even if it was right in front of my face! Lol!!

I'm just hoping if there is anyone out there that can help me out on how to recognize a good deal! Any tips and advice would be extremely appreciated! I would really appreciate that to anyone!!

Thank you!!