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Updated over 10 years ago,
Breaking into Real Estate Investing
Hi all,
I am new to real estate and more than excited. I understand it's not a get-rich-quick- scheme. I understand it takes a lot of hard work and persistence. I have already spent tens of hours reading, listening to podcasts, and watching tutorials on real estate investing- and am inspired. I realize that learning is one thing, doing and getting real life experience is another. With that said, I have no where near the appropriate funds to buy anything-just a perk of being young. (Playing minor league baseball is not very financially rewarding). I'm sure everyone here has heard that story enough times. But this is the situation I'm in. I have a ton of passion to learn, the work ethic to figure it out, and the guts to fail without reconsidering. However, I feel like I am extremely limited due to my financial situation. With that said I have a few simple questions.
1. Do I need to build up capital before I go any further or waste my time learning more?
2. If this business is possible, what's the best way for me to break in to it? Paint houses in exchange for experience? Get my real estate license? Etc.
3. Has anyone been in my shoes who could share their past experiences and how they became successful?
Thanks a lot for any and all advice!
-Bryan