Realtor · MD · Member since 2020 · 5 posts · 2 votes
As I am in the early stages of my real estate career, I also want to build a strong investment portfolio as an additional stream of income. I also want to become versed in this area so that I can partner with investors who seek deals in my area. Seeking advise / guidance from the experience within this community. Thank you in advance for your advise, comments and feedback.
Hi Angela, the first thing I would do is determine your crystal clear criteria, Brandon Turner mentions this in all of his webinars. By doing this you create a check list for the type of property you're looking for, this makes it a lot easier when analyzing potential deals. Another important step is to get your financing in order, figure out how you're going to fund the deal and based on that method determine what it's going to require on your end. Whether that means showing two years of tax returns as a self employed 1099 worker or a W2 employee who only needs 90 days of pay stubs. Figuring out all of these important details is crucial in order to be in a position of strength when you come across a great deal. I hope this helps you get started on the right track of your real estate investing journey.
Hi Cody! Awesome and thank you for the valuable information. In everything in life, develop your vision > by creating a plan> the work the plan by doing the work through actionable tasks > end result/desired outcome.