What to do 1st? Where do we begin?

[Jessie York]

My wife & I are looking to get into real estate investing. We have about $17,000 save up so far for a down payment. I work full time she’s a stay at home mom. We aren’t sure which direction to go first. We can’t decide on buying to rent or flip. I’ve been reading & have listened to almost all the podcast. About to start listening to some for a 2nd time. We live in a highly desirable school district in East texas. There’s not much for sale & when it is its a lot! I spoke with a guy Friday about maybe building some small house to rent or sale if I can find land. Really don’t know direction yet I want to move towards. Thanks for any advice. I have my eye on a couple of houses that just came up for sale just not sure to update & flip one or rent it. The other is a foreclosed manufactured home on 3 acres I could get cheap I think & rent.

[Tom Keith]

Hey @Jessie York, ‘welcome to the society  and hope you have good results.  Colleague with @Mike Reynolds, he is a good guy and can help you in your backyard. If you have the opportunity you should find a REI group to get some contacts to help you through the beginning. also, see about finding a Good Investor agent to help you find and know the correct properties. Then check them out on the Tools section here on BP to make sure it is a good property. Go easy and smooth to invest in the right property for you. Best Wishes.