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Updated over 10 years ago on . Most recent reply

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3
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1
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Samantha Billetter
  • Fountain Valley, CA
1
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3
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Real Estate Newbie

Samantha Billetter
  • Fountain Valley, CA
Posted

Hi,

My name is Samantha and I've recently began learning about real estate investing. I have attended some seminars  on the topic and it has sparked my interest immensely. I am working on currently creating my business plan and figuring out what niche I want to focus on starting out. As I realize I have some first few steps to accomplish I came across some questions that I would love some feedback on. 

1. I plan to obtain my real estate license for the state of California. How beneficial do real estate investors think this is and what are the major benefits?

2. If you have little to no capital, what is the best niche to start out with? I know every individual is different based off their goals but I have heard numerous things to wholesaling is best but also very risky to buying and holding so I just wanted further feedback on this. 

Thank you all for your time and I am excited to be a new member of BiggerPockets. 

Most Popular Reply

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242
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48
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Elia S.
  • Wholesaler/Real Estate Investor/Consultant
  • indianapolis, IN
48
Votes |
242
Posts
Elia S.
  • Wholesaler/Real Estate Investor/Consultant
  • indianapolis, IN
Replied

Samantha I would suggest learning as much as you can getting your real estate License will be of great help which would help you with the Laws an Contracts in your state as for starting off with Little or No capital Wholesaling would be the best way to go which is low risk but i would suggest getting a Coach,Mentor once you get your First Deal under contract your on your way but a lot of Newbies get caught up in the the Paper work and they do not add Escape Clauses which helps hopefully this helped an shade some light for you.

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