newbie from Charlotte, NC... LOOKING FOR STEP-STEP beginner plan

[Ted Dunn]

I'm a new investor in Charlotte, NC. Any Advice on the top 3 steps to take to get off the ground. Would setting up an LLC be one of those first steps. Thanks.

[Thomas S.]

First step is educating yourself on investing, real estate and finances. There is a lot to lean and much is available on Bigger Pockets with pod casts, suggested readings and the forums them selves. Take 6 months to a year to get fully educated.

If necessary improving your credit score and saving up for a down payment, transfer costs and reserve funds. Find out what your available mortgage credit limit is...pre approval is important. Learn all your state landlord tennat regulations.

No need for a LLC. Insurance does the whole job.