Updated over 5 years ago on . Most recent reply
Real Estate Strategy for Beginners? (What is recommended?)
Hi,
I am a newbie when it comes to real estate investing.
What is the BEST recommended strategy to get into real estate investing? (I know 'best' is subjective but I want to hear everyone's thoughts and why they like their strategy & believe their strategy is the recommended for the long run.)
So far the most common one I know is to focus on sing family house, pay 20% down, and rent it out, and do it over and over again. (and possibly do a 1031 exchange for multiunts when you have more cash?)
What is the recommended model for people getting started for beginners who want to do this for the long run.
Thank you.