Having a hard time starting out

[Justin Przybylski]

I'm having a hard time figuring out where to begin with REI. I've been on this site for weeks now reading and picking up all the jargon I can. I just have not been able to determine any strategy yet. Maybe I should read the bp beginner's guide again for the third time. Any other suggestions?

I have great credit

Limited liquid cash as of today

I have some credit cards to play with

I have a solid network to possibly leverage other people's money

[Buddy LaRue]

Maybe this will help.

First of all, always try to keep moving up. If you're just starting out and are short on funds, try wholesaling for a while until you have enough cash to invest in buy and hold.

Once you start buy and hold, continue wholesaling as well for cash to buy more buy and hold.

Once you get to, lets say 10 buy and hold properties, and have been wholesaling as well, maybe it's time to do a 1031 TDE into larger multifamily (think 50 doors or more) where you can control the value of the property better. Start cash flowing from this, and use that money to buy more SFRs, while wholesaling properties you've found but don't want as part of your buy and hold portfolio. Also, you can wholesale apartment buildings, or any other property you find.

Keep building from there until you've got more money than God, and a better house than him too!

He who dies with the most properties wins!