Seeking Guidance on Effective Strategies for New Real Estate Investors

[Levonte Wilson]

Hi everyone,

My name is Levonte, and I’m just starting my journey into real estate investing. I’m eager to learn practical strategies and gain real-world experience to build a strong foundation in this field.

I’ve been exploring different approaches such as house hacking, wholesaling, lease options, and creative financing, but I’d love to hear from those who have hands-on experience:

• 1. Which strategies have proven most effective for beginners?

• 2. How did you structure your first deals or partnerships?

• 3. What key lessons or pitfalls should I be aware of early on?

Any insights, advice, or examples from your experience would be greatly appreciated.

Thank you for your time and guidance!

[Aaron Zimmerman]

1. House hack

2. The deal is just myself - no one else

3. Get estoppel agreements and do due diligence on the existing residents.  FOIA Requests, looking at previous approval information from prior landlord, etc. a bad in place tenant can potentially set you back.