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Updated over 6 years ago on . Most recent reply

User Stats

4
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0
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Joe Quinones
  • Rental Property Investor
  • Victorville, CA
0
Votes |
4
Posts

Newbie ideas on how to get started

Joe Quinones
  • Rental Property Investor
  • Victorville, CA
Posted
Hello, I’m new to property investing I have 100k to play with and want to invest in a multi family property I just don‘t know how which loan to go with if i with? Should I try to go with 10 or more units can I go big with 20 or more units with a 100k should I try getting multiple properties instead of one big one? I guess I need some guidance

Most Popular Reply

User Stats

1,398
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597
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Alex Franks
  • Rock Hill, SC
597
Votes |
1,398
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Alex Franks
  • Rock Hill, SC
Replied
@joe Quinones

Here is my list in no certain order on getting started and understand what you need to know.

Things that I thought if we learn them all it will help your business. Then I would pin down more of what I want to buy or accomplish. Feel free to ask away hope the list helps.


  • Knowing the NUMBERS
  • Educating yourself the business
  • NETWORKING!
  • Building power TEAMS
  • Mentors
  • Your WORD and why it is so IMPORTANT
  • Credit, Reserves & Credit line
  • GOALS / Roadmap / Accountability Partner
  • HEALTH!
  • HUSTLE!
  • Mission statement “Both Business & Life”
  • 4 D’s In Life and Business and life
  • Market Cycles
  • Rush and Real Estate
  • Passion, Patience & Persistence
  • Passive Income
  • Stop and Enjoy LIFE!

Alex



Originally posted by @Joe Quinones:
Hello, I’m new to property investing I have 100k to play with and want to invest in a multi family property I just don‘t know how which loan to go with if i with? Should I try to go with 10 or more units can I go big with 20 or more units with a 100k should I try getting multiple properties instead of one big one? I guess I need some guidance

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