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Updated over 7 years ago, 07/26/2017
Starting out in REI - Beginner Questions
Hello everyone! a few months ago, I asked about the San Antonio market, how to get started investing in real estate, and what areas are best for investing. I got me a few pointers from helpful folks here. But it was a bit hard to study the market from afar so we moved our family here. - we got here last week! yey!
got daycare situated and still a newborn attached to my hip but otherwise, I need to hit the ground running.
My goal is to have a retirement income sustained by rental properties; though hoping for fast cash by flipping properties. My work has always been in computers, so my knowledge in real estate is limited.
With that said, should I get my own real estate license to save on the commission? Does it give considerable access to property information? if so, can it be done online? I saw the 180 hour requirement but it's classroom, and with a month old infant, it's a bit challenging.
if bidding for properties through auction, do you get the property after you pay? or is it subject to escrow time still? what about buying properties from a wholesaler?
Also, is loopnet.com a reliable place to find worthy properties?
Any beginner podcasts, websites that's recommended for beginners? like REI for dummies style.
Thanks everyone!