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Updated about 2 months ago on . Most recent reply
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New member and new to real estate
Hello all,
I'm completely green when it comes to real estate, as in currently learning the terminology new. I never thought about real estate being something I would be remotely interested in, I'm more of a combat sports guy. I just recently started a jiu jitsu academy with a couple of friends, and although I was not in the day to day grind of the process in finding a building and building the space out, I did become fascinated with the process. This lead me into Youtube and construction/renovations, which eventually brought real estate and investing onto my radar. I recognize how much work is needed to succeed in this industry, and thanks to the US Army working hard has never been an issue for me. I guess my first question, which I imagine is similar for many who enters into this forum, is what is the best first steps for someone who is interested in real estate and investing, but doesn't have a great deal of capital to begin the journey?
Thank you all in advance for your feedback, wisdom, and tips.
Most Popular Reply
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- Real Estate Consultant
- Mendham, NJ
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Books + podcast + real estate investor meetups = taking action. If you don't know what type of assets you would like, you have to think about your why for real estate. Is it to make more money on the side of your academy? If so, you have to see what capital you have to deploy and whether or not it makes sense. There are so many veterans who have carved nice paths in real estate investing all over the site and as guests on podcasts that you can learn from as well. Good luck. Just don't fall into the YouTube trap of planning your first deal with no money. Learn and save for a year before you do anything and meet as many other local investors as you can.
- Jonathan Greene
- [email protected]
- Podcast Guest on Show #667
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