What are the most important rules when getting started?

[Account Closed]

There is sooooo much info out there, I'm not sure where to start? Shoul D I purchase a formal course first? Find a mentor? Set up an LLC? Find buyers? Find sellers? Like, where should I start, what are the three first steps I should take as a total newbie to real estate? Sprey for all the questions and than you for your help :)

[Bill P.]

1. Decide your focus area of real estate. (BBuy and flip, buy and hold, lease/options, wholesaling, birddogging, etc.)

2. Study that area through books, articles and BiggerPockets. Information is King. (Sure cash is King also but too much cash can make you sloppy)

3. Go to REIA if available in your area. Not every city has an REIA, so you have to look around the metro areas for a close one for you.

4. Network with people in all walks of life because you never know where your next deal will come from.