New investor seeking advice
Hi everyone, I’m new to investing and looking for guidance to grow my real estate journey. Last year, I house-hacked a duplex by putting 20% down, and it’s been a great start. My long-term goal is to become a builder in my area, focusing on developing properties like duplexes or small multi-family units.
I’d love your advice on:
1. What steps should I take to transition from owning a duplex to building properties? (e.g., skills, certifications, or partnerships)
2. How can I leverage my duplex investment to fund or finance future building projects?
3. What are the biggest challenges for new builders, and how can I prepare for them?
4. Any recommended resources (books, courses, or local networks) for learning construction and development in [insert your area, e.g., Nebraska]?
I’m eager to learn and open to creative strategies. Thanks in advance for your insights!