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Updated about 12 years ago on . Most recent reply
Starting in rehabs
I have made a few posts regarding my intentions down the road through real estate investing. I would eventually like to do rehab homes while managing my rentals. There has been much said for focusing on one thing and devoting all my time to being successful at a particular endeavor. That I do agree with. BUT, how do rehabbers exactly get started? Do you shadow other rehabbers on their projects? I am just trying to get a path down and am having a hard time understanding how to get to rehabs. Do I just start there with my savings? I do not plan to be a wholesaler but I notice some (maybe most) rehabbers do some wholesaling deals when the opportunity is presented.
Any response would be greatly appreciated.
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I would highly recommend reading books, following RE investor's blogs, read through threads on bigger pockets, attend local AREIA events, research your market, take a local investor out to lunch..... there is a ton of ways to gather information and learn this business.
Once you spend some time researching and reading, you'll be able to start putting the pieces together by asking questions here.
In my opinion, the upfront time investment will reduce the risk with your $$ investment later.