I'm struggling with analysis paralysis and too much reading and peer advice.
I can't decide what I want to do but it definitely is RE.
I'm a first time home owner, been living in this first residence for 1 year now, have some small funds in stocks I want to pull out to begin RE ventures with.
STR/LTR/BRRR/Flips all sounds really appealing to me after alllll the researching and self-educating that I've done. I'm driven to commit all the way through ups and down.
I'm a tech w2 by day and want out completely.
Every agent i talk to tells me "go find something to buy, it is easy and with your credit and DTI and funds you will have no problem getting your first door - just be sure the numbers add up"
so wtf are these "numbers"? is there a list somewhere in a solid article I missed somewhere?
I have "numbers" like land cost, or purchase price, and rent rates from whichever area's craigslist I look into and also airdna.
what other numbers do I need to build a solid business case to find partners?
at the top of my list right now I find myself most interested in finding land for under $80k and dropping a prefab on there to start out a STR.
thanks for help.
