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Updated over 5 years ago on . Most recent reply

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David Mijares
  • Watsonville, CA
3
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Real estate strategies for beginners

David Mijares
  • Watsonville, CA
Posted

I have done 0 deals! I am looking to get myself into real estate investing, any experienced investors willing to give advice

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Barry Pekin
  • Specialist
  • Purcellville, VA
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Barry Pekin
  • Specialist
  • Purcellville, VA
Replied

@David Mijares,

That's a very wide open question.  There are sooooo many ways to get involved in RE.  You're in the wholesaling forum, so I'm guessing that might be the direction you want to go.

There are two main things you should do right from the start. First, learn, and second, network. There are a million resources online. Personally, I took a course to learn the basics of wholesaling. It wasn't enough, but I got a great understanding of how it works, as well as the tools I needed to get started. Then I listened to podcasts (relentlessly) and downloaded a few books on Audible. As I was doing this, I started attending local REI meetups and association meetings. My goal was to learn from them as well as getting to know a lot of them. Many of the people at these meetings are people just getting started and look like fish out of water. Then again, many of them are seasoned investors who have been doing this for quite a while and are very successful. The cool thing is that ALL of them are very friendly and open. I've learned quite a bit as well as I am building a great cash buyers list at the same time.

Good luck!

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