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Updated over 6 years ago,
Which steps would you take first as a new Real Estate Investor?
I am just starting to watch BP videos, listen to Podcasts and read the forum threads. I'm beyond fascinated and feeling very motivated with the possibility of finding success in Real Estate Investing!
I currently own a home that I rent out in Oakland CA across the bay from San Francisco. I bought in 2009 for $220k. Currently owe $182k and the house would most likely be worth 600k or so in today's market.
My end game is to have several properties (4-6ish) in the next couple of years. I like the idea of BRRRR. I'd like to have a couple of 2-4plexes, 1-2 small homes to use as Airbnb's near the Russian River area, an ADU in the backyard of the exiting house, land to create a Tiny Home Village and a new house for myself and my family.
What would your first steps be?