New to Real Estate Investing

[Danielle McDougall]

Hello! I'm located in Royal Oak, MI and am new to real estate investing. I just started researching by listening to Bigger Pockets podcasts, reading "How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started.", and joining the website! Just trying to tip my toes in the water and gain as much knowledge as possible. Any tips or suggestions on where to start would be greatly appreciated! I'm going to start by focusing on analyzing some deals to get some practice and reading the forums. I would like to start investing in the next year or two but need to work on paying off some student loans and getting financially stable first. Excited to join and start the real estate investing journey!

[Danielle McDougall]

Quote from @Ernst S Coriolan:

Hi Danielle! 

You're off to a great start the BP podcast has a ton of information and can answer most of the questions you may have. I would also read "Rich Dad, Poor Dad" by Robert Kiyosaki, that book has a ton of insight. When I was getting started I watched a lot of Pace Morby and Graham Stephan YouTube videos. Pace also has a Facebook group with a lot of seasoned investors that are willing to take a call to answer questions. Keep reading the forums and look into neighborhoods you are interested in and try and sort out your strategy for investing. Talk to some agents and get on wholesalers lists to see as many properties as you can.

Keep doing your research and I'm sure you'll be right where you want to be in a year or two. Welcome to BP!

 Thank you for the advice, I really appreciate it! I will add "Rich Dad, Poor Dad", to my list of items to read. I will also check out those Youtube channels/videos. Thanks again!