My first step in making my first deal

[Matthew Anderson]

Hello everyone, my name is Matthew Anderson and I just wanted to introduce myself and get my name out there in hopes I can build positive relationships in this industry... I’m currently a concrete finisher in Seattle Washington at local 528 (union) trying to work towards my first deal? Does anyone have any recommendations for me and my first step in this process? Thanks 

[Michael Haas]

I'll second what others have said - educating yourself (on BiggerPockets and elsewhere) and building your team (Realtor, Investor, Contractors, etc) is a great first step!

Do you own your own home yet @Matthew Anderson? If you don't HouseHacking would be a great way to get started. We've HouseHacked 4 times now, and it is a big reason why we have such a large portfolio of rental properties now - it really works! There are downpayment assistnace programs available to home owners and househackers that aren't available when buying the house as a straight rental - with the WSHFC down payment assistance program you can get into a house for pretty much just the closing costs- could be just 6k up front cash to close on a $500k house. If that house has a unfinished basement you can finish and rent out, or even just extra rent-able bedrooms, your mortgage payment will likely be significantly less than you currently pay for rent, + you reap all the tax benefits and forced savings effects of home-ownership.

Send me a message if you want to talk more about House Hacking. Its a great and low cost way to get started, and we wouldn't have been able to reach financial independence so quickly any other way. HouseHacking has definitely changed our life for the better!