Beginner Investor Learning the Ropes

[Tim Wolak]

I am extremely new to real estate investing but have a very deep financial background (worked in wealth management and for a large asset manager). For transparency my father recently retired with a good bit of capital saved up and we are now exploring real estate investments. While we have the capital we know very little about picking an investment, analyzing investments or really where to start.

I would love to hear about how people in this community got their start, specifically the very very early days. Also if anyone can opine on this I'd love to hear about the different options in real estate investing. Specific questions that come to mind:

How much capital do I need to get started?

Can I still flip houses profitably with no construction experience?

What are the legal components to real estate investing?

I'm not expecting someone to answer every question but it would be extremely helpful to hear about others experiences.

Thanks!