I am looking to get started in real estate investing, but am not sure the best way to begin. Should I aim for a cheap property? How much capital should I save before starting? Are there any other preliminary steps I need to take that I might not have thought through? Grateful for any help or advice given!
Hey @Matthew Barnett, I think you should take some time and really concentrate on formulating your goals in real estate, as your goals/big picture can largely dictate what you do.
I honestly think the best ways to get started are with the BRRRR method and with House Hacking, you can do both simultaneously!
Thanks @Jake Stuttgen ! I do need to take some time to lay out my goals and vision. I had BRRRR in mind as my preference. Just closed on a personal residence and not sure it will work for House Hacking unfortunately.