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Taking my First Actions in Real Estate
I first heard of the concept of Real Estate Investing in July 2018 (10 months ago). Something about it clicked, it got my head spinning with ideas. All other investments society told me I need to get into never really made me think "Yeah, I got to get on that!". Real Estate did, so I started reading, listening to Bigger Pockets Podcast and talking to people who invest. These were great starts but no real action toward my first deal has been made.
So I decided I need to start taking action. Step one, I am starting this blog to motivate me to continue taking action.
Step two, In order to invest I need some money. I make good money but I generally take 6 months off a year and spend all the money I just made, not a bad life. I set up a savings account and put $200 a month in there from my checking account. I work as an independent contractor so at the end of every job I get a big check and I am putting 25% of each check I make from now on into the savings account.
This savings account is the first real action I have taken for my first deal.
Next step: Networking!
Comments (2)
I'm right there with you, Gabe.
Just starting to get intro real-estate and making sense of the steps and strategies needed. Been running several test numbers trying to understand the numbers I should be looking for. I wish you the best in your future endeavors.
Brewen Shaw, almost 6 years ago
Thank You!
Gabe Kelley, almost 6 years ago