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Updated almost 6 years ago on . Most recent reply

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New to this! I wana get my hands wet. How do I start?

Posted

Just finished reading the book Rich dad poor dad and it made me want to invest into real estate. I have no experience in real estate whatsoever. I want to start investing into assets that will make cash flow. Even tho real estate scares me and i dont have no knolwedge whats soever. I wanted to kno whats the best way to get in for a rookie thats not goin to scare me out the water.

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Dan Weber
  • Realtor
  • Portland, ME
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628
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Dan Weber
  • Realtor
  • Portland, ME
Replied

One of the easiest ways to get started right now is with a owner-occupied house hack (live in one unit and rent out the other). I would try to read up on a few different real estate strategies and determine what the best strategy would be for you given your current life circumstances. There are several forums and articles on BiggerPockets that could introduce you to some different strategies. Also, here's a reading list that could help:

https://www.biggerpockets.com/blog/2015/11/13/7-real-estate-books-beginner-investors/

  • Dan Weber

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