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Updated almost 6 years ago on . Most recent reply

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10
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1
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Kerry R Harris
  • Specialist
  • Amherst, NY
1
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10
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Beginner investor Buffalo NY

Kerry R Harris
  • Specialist
  • Amherst, NY
Posted

Hello Investors, I am looking to get in the real estate/investor business. Does anyone have any strong suggestions on how to get started. I would like to purchase a duplex to start and maybe eventually rent out for passive income. What areas are good for a beginner investor to get started are there any groups to attend working on obtaining my license. Any open suggestions would be great. I found this site to be helpful and open to any recommendations. Thanks

Most Popular Reply

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59
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46
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Denice S.
  • Specialist
  • Buffalo, N
46
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59
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Denice S.
  • Specialist
  • Buffalo, N
Replied

Kerry,

Welcome. Take a day or two and get all of your goals on paper. Why are you pursuing real estate outside of your banking career? Do you need income or are you looking for something to do with your extra income? How much time do you have to offer a new business? What exactly do you envision real estate doing for you?

After you put some effort into clarifying goals (they don’t have to be exact) come back and share them. Experienced investors can help guide you in the right direction and make suggestions that align with your goals.

Your question is currently way too broad to get advice beyond: read books, listen to podcasts, buy good property, invest wisely...etc..

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