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Updated about 8 years ago on . Most recent reply

User Stats

90
Posts
19
Votes
Ralph Noack
  • Rental Property Investor
  • Lynden, Ontario
19
Votes |
90
Posts

Watched the webinar. Now what?

Ralph Noack
  • Rental Property Investor
  • Lynden, Ontario
Posted

Hello BP. Lots to learn. I've watched the last 2 webinars from Brandon, and found them to be fantastic. Such a basic question though: How much self-education do I need before I actually make a move. The webinars are great, but what do I need to get going? I'm in the middle of Brandon's book "How to invest with No (or little) money down".  Need the first practical step. Any insights?

Most Popular Reply

User Stats

31
Posts
6
Votes
David Pascual
  • Pacific, WA
6
Votes |
31
Posts
David Pascual
  • Pacific, WA
Replied

if you are educating yourself then you are already on the first step. read as many books as you can. go to the public library and find books on REI and read them. for example i picked out a book on mortgages just to get a better understanding of the process of how things work and what options there are. read the forums on any thing your not sure about or just start a discussion and ask. Find your niche on what you want to do. find out if you want to buy and flip, buy and hold, use BRRRR strategy etc. once you know what you want then start learning heavily on your niche. GO to local REIAs or meetups and talk to other investors in your area. Listen to what they have to say and it will help alot. (i found meetups by downloading the "meetup" app and searching real estate investment).

Also i see that your a pro, practice using the calculators for analyzing properties! go online and find homes in your area and try to analyze deal on your own and see how you do. 

  • David Pascual
  • Loading replies...