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Updated 32 minutes ago on . Most recent reply

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Giovanni Rodriguez
  • Investor
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Getting started as an investor with some questions

Giovanni Rodriguez
  • Investor
Posted

Hello everyone. I would like to know if anyone has any tips that could help me as a begin this journey. I have a full time job at the moment and very little capital for investment, but I am taking some time to learn and decide what real estate investment would be best to start with. If anyone is willing to share some tips that you know now that would've been helpful at the beginning of your journey I would appreciate it.

I am also considering establishing an LLC, that way I can separate all of the financial decisions away from the money that goes to pay my daily bills. If anyone would care to comment on this too. If anyone is very knowledgeable on this topic, and don't mind, I would like to ask a few extra questions about establishing an LLC and different decisions to make on that process.

I would be grateful with any information, tips and insight that anyone is willing to share as I want to learn as much as I can before taking the first step and keep learning on the way. I want to make the best decision with my first investment and keep building my portfolio along the way. 

Most Popular Reply

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Ken M.#1 Buying & Selling Real Estate Contributor
  • Investor
  • San Antonio, Dallas
833
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1,344
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Ken M.#1 Buying & Selling Real Estate Contributor
  • Investor
  • San Antonio, Dallas
Replied
Quote from @Giovanni Rodriguez:

Hello everyone. I would like to know if anyone has any tips that could help me as a begin this journey. I have a full time job at the moment and very little capital for investment, but I am taking some time to learn and decide what real estate investment would be best to start with. If anyone is willing to share some tips that you know now that would've been helpful at the beginning of your journey I would appreciate it.

I am also considering establishing an LLC, that way I can separate all of the financial decisions away from the money that goes to pay my daily bills. If anyone would care to comment on this too. If anyone is very knowledgeable on this topic, and don't mind, I would like to ask a few extra questions about establishing an LLC and different decisions to make on that process.

I would be grateful with any information, tips and insight that anyone is willing to share as I want to learn as much as I can before taking the first step and keep learning on the way. I want to make the best decision with my first investment and keep building my portfolio along the way. 

Forget the LLC. It's of no value until you have several properties.

Find a local REIA (NationalREIA.org) join up for $20 to $50 bucks and attend the meetings. If it's more than $50 bucks a month, it's an investment club looking for your money, not to teach you.

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