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Updated over 4 years ago, 09/06/2020
Newbie Looking for Advice!!!
Hey all,
I am hoping to become a new investor soon and am looking for advice! I currently am making around 3K a month at my internship/fulltime position (Recent college Grad).
I currently have no experience in real estate and am currently researching and educating myself, saving for down payments, and also building my credit.
I have experience in construction management and architecture and a flip doesn't scare me even though I am sure it probably should. I live in Southern Indiana just so you may have an idea of what my market may look like.
Questions:
1. What is a reasonable timeline for me to reach my 3k goal?
2. Should I start an LLC before I purchase my first property or do everything personally?
3. Flipping, wholesaling, or rentals to start?
4. Do I need a real estate license? (Getting mixed opinions from all my research and bigger pockets podcast guests)
5. What do you think would be the best way for me to move forward with real-estate to try to match that 3k a month and then continue to grow afterward?
Open to all advice and opinions!!!