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14 October 2024 | 14 replies
Welcome @Rebecca Morris,These are the 10 first steps I would recommend to get started in REI (real estate investing):1) Educate Yourself: Read books, take online courses, and attend seminars about real estate basics, market trends, and investment strategies.2) Set Clear Goals: Define what you want to achieve in real estate—whether it’s buying a home, investing in rental properties, or flipping houses.3) Choose Your Niche: Decide if you want to focus on residential, commercial, or industrial real estate, or perhaps a mix of these.4) Research the Market: Analyze your local real estate market.
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11 October 2024 | 1 reply
Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.
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10 October 2024 | 10 replies
You'll need to get good at analyzing rehab costs and predicting after-repair value (ARV) to ensure your margins are solid.To get started, immerse yourself in real estate education—read books, listen to podcasts, and use BiggerPockets to connect with experienced investors.
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16 October 2024 | 22 replies
You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.You should get a basic education of how to invest in real estate. 1.
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12 October 2024 | 12 replies
Lots of free info and education out there but if that was enough you wouldn't be on here asking.there's too much to it to explain on a forum post, but that doesn't mean it's hard.just make sure you get the price right and finding help or JV will be easy.
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11 October 2024 | 1 reply
Start with education - Read books, join local investor groups & find a mentor.
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11 October 2024 | 4 replies
This is why I emphasize education of real estate principles, law and finance are essential for the real estate investor.
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13 October 2024 | 23 replies
Furthermore, you may want to educate yourself on the topic of debt to income (you know the original topic of this post).
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11 October 2024 | 7 replies
I called them out first that 30% is a joke and you cannot give that to investors and secondly cash on cash is not even a metric to be used for notes.Atleast he got to use some of that $10,000 education they probably paid for to post on social media.
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11 October 2024 | 2 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!