New to Real Estate Investing: Advice on Next Steps for Cash Flow and Business Setup

[Tiarra Delaney]

Hi BiggerPockets community,

I’m new to real estate investing and excited to learn! I currently own one property, and I’m planning to purchase another. I’m trying to decide whether to rent out my current home or the new property I purchase. My overall goal is to generate monthly cash flow, and my current property might be a better rental option since it has equity.

I’m also considering starting a business and purchasing the next property in the business’s name. I’ve heard this can have benefits, but I’m not sure where to start.

If anyone has advice on how to proceed, I’d love to hear it! Are there strategies, financing tips, or resources you’d recommend for someone in my position?

Thanks so much for your help!