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Updated over 3 years ago on . Most recent reply

User Stats

4
Posts
4
Votes
Brandon Bucher
  • New to Real Estate
  • Westchester, NY
4
Votes |
4
Posts

Complete Beginner! Where to begin!

Brandon Bucher
  • New to Real Estate
  • Westchester, NY
Posted

Hi guys! As I said, I am a complete beginner to real estate investing but I’m so ready to dive in! I am currently 20 years old and work full time in construction but know for a fact that I definitely don’t want to do that for the rest of my life. I want to invest in real estate Asap. The problem? With all the different information pooling around inside my head from the hours of YouTube, blog posts, and podcasts, I have no idea where to actually begin. Im unsure of what my first step should actually be. Any advice or suggestions would be greatly appreciated. If anyone who had invested in real estate and has reached financial freedom from it has any time to chat, I’d love an hour talk on zoom whenever it’s available! Thank you all and to all the best on your endeavors!

Most Popular Reply

User Stats

40
Posts
101
Votes
Alexa Ferguson
  • Real Estate Agent
  • Denver, CO
101
Votes |
40
Posts
Alexa Ferguson
  • Real Estate Agent
  • Denver, CO
Replied

Hey, Brandon! One of the best strategies to get started in real estate investing is house hacking, which is essentially renting out part of the property you live in. It's a great way to get in the game while you are still building your liquid assets. I currently house hack in Denver, renting out the basement of my house as an Airbnb, and typically cashflow between $500 and $1,000 per month after expenses. Airbnb is one great option, but you can also rent by the room long term if that would work better for you. A great place to start is to pick up "The House Hacking Strategy" by Craig Curelop to learn more about the process. Happy to connect or answer any questions!

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