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Updated over 4 years ago on . Most recent reply
How to get start my First rental property?
Hi
I'm beginner to the real estate investment. I'd like to know how anyone started their first property? Where did you started? Did you start with single family house or townhouses? In where I'm living, we don't have much options for multiple family. What's the better way to manage property? Should I manage them myself or ask a property manager to help me manage the properties? What pro and con?
Thanks!
Most Popular Reply
Welcome! There are so many ways to get started in REI. Everyone's path is different. I recommend searching and reading up on a few overviews.
Here is a quick list to get started...
- Watch this video 4 Reasons Why New Real Estate Investors FAIL
- Four Square Method for analyzing deals Calculating Numbers on a Rental Property [Using The Four Square Method!]
- Four Square calculator www.biggerpockets.com/AnalyzeRentalProperty
- Jump
on a webinar www.biggerpockets.com/webinar
- Listen
to podcast www.biggerpockets.com/podcast
- Run deal analysis www.biggerpockets.com/calc
Don’t give up, real estate is profitable, but also frustrating at times, learn from other people's mistakes.