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Updated over 7 years ago,
In a holding pattern - what can I do?
I've recently decided to start my time in Real Estate Investment. I plan on moving in less than a year to the Greenville, SC area. I plan on getting into residential multi-family and grow into commercial multi-family. Currently I am listening to the Bigger Pockets podcast, reading questions on the forum, and reading books.
I know I need to get practice in evaluating properties, but it's hard to do a property evaluation just making up what it my cost to repair and to add value. I know I need to learn about property management, at least enough to be able to hire someone to do it (as I like my job and want to continue to do it). I know I need to learn some of the accounting, tax, and legal aspects to it, again, at least enough to know who to hire.
I guess my question is, I've got several months before it makes sense to start taking action. In the meantime, what should I be doing to prep my self for this journey?