Just like everything else in life, get started, keep honing those skills (i.e. keep reading, keep learning, keep attending the meetups) and watch yourself get better and better witch each property you buy.I hope this helps and good luck on your real estate journey!

If they don't specialize in a certain skill, they know someone who does.

Just like everything else in life, get started, keep honing those skills (i.e. keep reading, keep learning, keep attending the meetups) and watch yourself get better and better witch each property you buy.I hope this helps and good luck on your real estate journey!

If anyone has recommendations for free resources—whether it’s books, websites, videos, or anything else that could help me sharpen my skills—I’d really appreciate it.

Last- don't feel like you have to do it alone- partnering with someone once you get to know a few folks with complimentary skill sets or things they can offer (time, expertise, money) can be a great way to work. 

No loans.In a country with few social safety nets for immigrants, especially for the Chinese, Abu used her fierce negotiation skills and supernatural intuitive business sense to live a very comfortable life and take care of her family.

Active or even passive management of real estate could be cumbersome for many heirs, not skilled in it. 

Real estate requires a certain set of knowledge, skills, and abilities.

My question is to people who has flipped houses or know how it works, assuiming I get a house that needs some work in order to make money and resell i have to renovate it nicely but I dont have any skills nor knowledge how to do remodel and I would have to get contractors to do it for me and they are not cheap at that point i would get contractors to do everything and will i make any profit after selling the hosue? 

Self-management is a good thing, as long as you have the skill set and knowledge to do it properly.