I’m 100% new to real estate investing

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I’m 100% new to real estate investing

Mckiy Hewitt
Member since 2019 · 1 post · 0 votes

How’s it going, I’m interested In real estate investing, house flipping, pretty much anything involving real estate and profiting from it. How exactly would I go about this for a newbie like me? How much do I invest? Do I have to buy a house? Any comment is accepted.

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  • Sathish Sekar
    Real Estate Agent · Chicago, IL · Member since 2019 · 46 posts · 29 votes
    7y

    Typically there are two main paths to making money in real estate. 

    There are short term profits. Typically from flipping a house. Buying low, selling high. 


    Or there are long term profits. Typically from rental properties that pay you monthly .

    what are your income goals right now? 

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  • George W.
    Investor · NJ · Member since 2018 · 869 posts · 921 votes
    7y

    First step is to learn as much possible and setup a good monthly budget. 

    as far as how much you need, it depends on location and what kind of real estate that you invest in. 

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