1.Subscribe to the BiggerPockets Money and Rookie Podcasts2.Attend the FREE WEBINARS3.Attend a Meetup in Your Area / virtual meet ups4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy5.Peruse the forums!

Purchase price: $514,500 Cash invested: $125,000 Purchased a beach condo that will be used as a STR.

Hi Jake, DSCR Loans are a great way to get started if you have a property in mind that is ready to rent once purchased or possibly even has tenants living in it.

I purchased a well-maintained single-family home in a growing suburban community.

I have enough put away to purchase a few properties for rentals and kick start everything with a faster scale and keeping reserves on hand.

Additionally, depending on how you plan on purchasing - most conventional lenders won't underwrite a purchase in the name of an LLC that has no income/history. 1.

Hey Patrick,I just recently purchased my 2nd home with VA loan, kind of.

Tools like SWOT analysis and competitive benchmarking provide insights into the competitive landscape.Demographic StudiesAnalyze demographic data to understand consumer behavior and preferences.

They were purchased at an average of $125,000 each.

If the goal is psychological because you have too much debt to sleep well at night then sell some properties and use the proceeds to pay off the debt on your remaining properties; or better still obtain the services of either a psychologist who can get you over your uneasiness or seek out a financial advisor who can convince you of the difference  between consumer debt “ bad” and investment/business debt “good”.