How to break into the field for relatively small amount of money

[Tom Stone]

I'm 23, been working my first full time job out of college for 8 months. How can I use ~5k to break into real estate investment and start gaining some experience? I've been doing on-and-off research for about a year now, and I feel like I need to pull the trigger and just get started. Ideally, I'd have more money saved at this point, but that's life.

I'm not looking for super detailed explanations, but rather I'm trying to amass several methods with which you guys have been successful, so I can know what my options are.

I'm sure this exact post exists elsewhere in this forum, but I really wanted to break the ice and get involved with BP.

[Aaron H.]

Welcome to BP! I'd recommend starting with reading Brandon Turner's book on "How to Invest in Real Estate with No and Low Money Down". That's as comprehensive of an overview as you'll find anywhere on how to get started with limited money.

WIth only 5K, I'd recommend finding a partner to work with on your first few deals - you're otherwise not going to have enough to do much. Other than that, you could consider spending it on marketing and trying to go the wholesaling route.