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All Forum Posts by: Daniel Tucker

Daniel Tucker has started 0 posts and replied 1 times.

Post: Things to set up now for future investing.

Daniel Tucker
Pro Member
Posted
  • Investor
  • Spokane Valley, WA
  • Posts 1
  • Votes 3

Alexander, along with the suggestions from previous replies, I would suggest reading (or listening to) "Set for Life" by Scott Trench as your first BP book. This book lays a solid foundation on where to get started, not only in real estate, but in life in general. Also David Greeene's BRRRR book is awesome. Whether you're going to use the BRRRR method or not, there is a TON of great information in that book, including how to determine whether a property is a good deal or not. The BP calculators are also a great resource for that. You may not be ready to invest for some time, but you do need to be analyzing deals every day. Develop your strategy for funneling deals and analyzing them and stick to that strategy. Brandon Turner does a free webinar every week where he analyzes a deal live and shows you why it is or isn't a good deal.

..Also don't watch HGTV. It is not based in reality whatsoever and everything is fake drama. In fact, if you pay for TV, cancel your cable subscription(s) completely. As a young person seeking early financial freedom, you need to save every penny you can. 

Good luck!