Starting later in life is no problem—real estate is a long game, and the key is building the right foundation.

I’d love to share some insights that might help guide you as you build your business and investment strategy.Step 1: Focus on Building RelationshipsSince you’re new to the game, leverage your wife’s new license and start networking with local investors and realtors.

The buyer must have 20% to 30% "skin in the game." 

Hi everyone,My husband and I are just starting out in the real estate investing game.

Does the sponsor have skin in the game?

In my opinion, this is much more effective than texting, which often feels like a constant game of cat and mouse with phone carriers.

and you can find an almost unlimited variation on risk ( from low to high leverage, both floating and fixed rate debt, from no to high skin in the game, etc).

Its a game of failure... its a numbers game.

They got in the game when rates were low and it was easy to find cashflow plays. 

Its simpler and less on my plate and therefore I can focus on another house, finding another deal, etc.