I am new to real estate. I have been trying to read, and listen to the podcasts here available at BP. I'm looking to invest in the east coast area, mainly in the NJ, PA, DE area. I do not have a lot of capital to start with. I have heard that wholesaling is the way to go for starters? What are your thoughts on this?
@Sheik Salma it is a good strategy, although you have to be careful with it, as that would be your first wholesale property, so get around someone who did that him self, get some guidance. Another good strategy for starters is to house hack, you just need to make sure that you’re in the cheap enough market/area that will allow you to do that. Get educated about other investments like syndication, grab a book “Best Ever Apartment Syndication Book”
@Theo Hicks thank you for the advice. I’m trying to learn much as I can from BiggerPockets and listening to podcasts everyday. I’m attending this seminar, hopefully, I will be able to meet new people who are interested in some of the same strategies as I think I might be interested in.
Thank you for the book recommendation. I’ll def check it out!