I have money, how do I get started?

[Albert Velasquez]

Hi BP, 

I have a good amount of money from an inheritance. I want to get started in REI, but I have zero experience. I have learned a lot in the last month. I was thinking of finding someone to partner on a BRRRR with. Any advice on how to go about this? I would like to invest locally.

Thank you guys!

[Benjamin Aaker]

Take the time to educate yourself about real estate investment first. Do a lot of reading and get involved with your real estate investors' association. Put that money somewhere safe while you learn. Start thinking about what type of property in which you want to invest. Many start with a single family house, but not everyone. Consider whether you are interested in moving into your new rental property or not. Determine what amount of money you can invest as a down payment. Start with something you can lose money in and won't mind looking at it as education. Build your network of real estate agent, banker, accountant, attorney, and insurer. Let us know how you progress and we can help with individual issues. Good luck!