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Updated almost 10 years ago, 02/02/2015
New to the game
Recently established an interested in learning to invest in real estate. Currently reading The guide to Real Estate. Good document so far to get a better sense of the foundation. I look forward to many sharing their startup process to include developing a real estate business plan which have been stressed as very important.
First: Establish your "why". What goal do you want to reach? Why? How will you feel if you reach it? How will you feel if you DON'T? Read it every day. Sounds cheesy, but do it anyway.
Second: Network. Find like minded individuals in your neighborhood and surround yourself with them. Use Meetup.com and see where the closest real estate groups are in your area. Also, network in groups that you ENJOY. Whether its veterans groups or videogames (I do both!), you'd be surprised at what the people in these groups will bring to the table when they know you're involved in real estate.
Third: Read. I personally spent 3 months JUST reading about 3-4 books a month. It's not the same as taking action, but it provides you with an affordable and valuable education.
Fourth: Take action. It doesn't necessarily require money, but become an asset (preferably, an irreplaceable one). Drive neighborhoods, prospect, do handiwork, etc. Get involved in your group and be known.
Fifth: Be persistent and consistent.
Thank you Robert for your recommendation and advice. The more I read regarding this subject, the more I don't know. At times it does seem overwhelming.