I want to invest in real estate but where do I start!?

[Grace Na]

I dream of investing in real estate but lost on where to start. I’m young and don’t have too much money to start out with but my parents are leaving my childhood home to my brother and I with the mortgage almost paid off. This home is Zestimated at about $400,000 but most likely more with the upgrades we’ve made. I was thinking about going into business with my brother. I just don’t know where and how we should start. We are in the greater Boston area which is fairly expensive. What is recommended for first investment? Rental property? Flipping?

I need advice!

Thank you!

[JoJo Tucker]

Hi Grace,

I am new to RE investing too. I think creating an account on BiggerPockets is a great start. I would read posts, ask questions, and network as much as possible on here. I think you will find that majority of the people on here are more than willing to help and very friendly.

I would also suggest reading books on RE Investing. I have read or intend to read the following:

-Long-Distance Real Estate Investing by David Greene

-Buy, Rehab, Rent, Refinance, Repeat by David Greene

-The Millionaire Real Estate Investor by Gary Keller

-Commercial Mortgages 101 by Michael Reinhard

-Rich Dad, Poor Dad by Robert Kiyosaki

Hope this helps.