Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Canadian Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

3
Posts
0
Votes
Shayne Hylton
0
Votes |
3
Posts

How to get started with real estate investing?

Shayne Hylton
Posted

Hey everyone, I am 25 and totally new to real estate investing. I am looking to purchase my first property in Ontario to set me on the right track moving forward in real estate. I have been doing a lot of reading, research, listening to podcasts and YouTube to gather as much as I can to ensure I know what I am doing before getting my feet wet.

I feel like I have an idea of what I need to do, which is:

1. Speak to the Bank and find out how much I can get pre-approved for

2. Speak with a real estate agent in the are I am looking to purchase in. (Which is Windsor primarily or Sudbury as a second location) 

3. Establish some team, of a real estate agent, a contractor, a lawyer, a accountant, property manager (or Company).

4. Then finalize the deal and proceed to doing a renovation if needed, then finding someone to rent it and setting up a lease with them.

I believe these are the steps I should be following in that order more or less.

Any feedback to would be truly appreciated acknowledging I am on the right path or anything that I missed and would help me moving forward.


Thank you. 

Loading replies...