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All Forum Posts by: Emily Salwen

Emily Salwen has started 1 posts and replied 3 times.

Originally posted by @Raylene Luckett Froman:

Emily, we all feel that way at times.  But what comes to mind is the quote - Start before you're ready.  Being a person of action is a good thing.  Keep learning.  Those that succeed learn something new very day.  This is a dynamic world we live in, things are constantly changing.  Start simple, do the math, find a mentor - someone that does what you want to do.  My favorite book is the Millionaire Real Estate Investor.  Good Luck, I am pulling for you to be a success.

 Hi Raylene, 

Thank you for your support! I am on the look out for my first rental property!

Originally posted by @Shannon S.:

@Emily Salwen This is a great question and the fact that you are asking it means you are already doing the right thing. I had this same question before I jumped in to investing in 2015. I think the first step to being ready is to figure out what area of REI is most interesting to you...do you want to invest in rentals, flip houses, wholesale, short term rentals, etc. This can be a tough decision for some, but for others it's clear and easy. There are different skill sets for each area, as well as differing levels of financial exposure, time investment, and business skills. Have you decided on a path?

Yes, I would like to house hack and invest in rental properties in stable areas. 

When have I learned enough or read enough books to start investing? I feel like I need to learn so much before I can get into the real world and close on a deal. I know I can always learn more but I keep saying to myself that I need to be more knowledgable before I can take action.