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Updated over 6 years ago on . Most recent reply
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Real Estate Investing For Rookie
I have recently been interested in the field of Real Estate Investing. The past couple months I have been learning everything I can about Real Estate by reading books, watching videos, listening to podcasts, and attending seminars. With all this knew knowledge I’m obtaining, the one thing I am still searching for is a true first step in how someone with literally zero experience in ever purchasing a piece of property would get started. I am currently playing professional hockey and have a lot of down time that I’m using to learn about real estate. Any suggestions on which steps I should take?
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Nathan Gesner
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Originally posted by @Michael Gunn:
@Alex Deacon thank you for the guidance as it’s appreciated more than you know! Any suggestions as to where I can find a place where I can gain the knowledge in what makes an “ultra safe” deal?
An "ultra safe" investment is one of good quality with very little leverage and professionally managed. In other words, you probably won't make much of a return on it.
Listen to the podcasts and you'll hear many reasons why investors never get started. At some point you will have to make the decision that you're not going to be that kind of person and take the leap. It may work out great. It may enroll you in the school of hard knocks. Keep pushing on and you'll figure it out.
- Nathan Gesner
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The DIY Landlord Book
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4.7 stars