Real estate investing is all about learning, networking, and taking that first step when the time is right.What strategies or markets are you currently researching?

I have a real estate attorney that I have worked with in the past and will work with him on this also.Does anyone have advice on next steps and/or examples of terms, operating agreements, types of LLCs ect. ?

The first and most important step is to post the 10 day demand for rent letter to get the clock started.

This is perfectly fine if you are going to be living there a long time, but I see people who use a home as a stepping stool home to a larger home in future and make it very customized to their liking but then when try and sell it, it does not appeal to the masses.

In those cases, the title company guided us on the necessary steps to resolve the title issues, and we did whatever was required to close the deal.

I'll second notion or another living wiki-type platform if it's just notes you're after, or if you're looking for something more task-oriented, Asana features project pages and other functions that track data and next steps.

Also, after you find the homeowners and get in contact with them, what's your next step?

Response for Abigail Katherine Grier: Hey Abigail, Congrats on your first property—that’s such an exciting step!

Getting enough passive income to step away from a job is going to be hard to do in Oregon.

As a new investor, I made the common mistake of being too aggressive, starting with seven distressed units all at once.