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Updated over 6 years ago on . Most recent reply
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Newbie ideas on how to get started
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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@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