Where to start? What else should I be doing?

Question

Good morning everyone. I am currently in the process of educating myself to be successful. I'm ready to put in the work, no matter how long it may take. Chess not checkers. I am seeking information on what else I could be doing right now to set myself up for success. I need to improve my credit which is underway, earn more income, and learn the trade. Is there anything that worked best for the community? Should I start an LLC to invest in property if my finances are in order but my credit is not? What solid numbers should I be seeking. Looking forward to hearing from you all and potentially forging some partnerships.

-Devin Thomas

Marc Desrosiers · Answer

@Devin Thomas

I like using realtor.com for specific info like price history and taxes etc., Redfin for comps, and google earth for location with a little bit of Zillow thrown in.

The best email list would probably be Redfin for you, put in a search that would be entry level homes in your area. That way you’ll get emails when a property is updated. Gives you an idea of what finished houses go for and also for the few that slip through what you can expect to buy a fixer for.

Marc Desrosiers · Answer

@Devin Thomas

Just start slow. Get to know your market. Sign up for emails on new properties on home websites. Doesn’t have to be the MLS to get started. This way you’ll be familiar with what sells fast, for how much, in what style, and location.

Devin Thomas · Answer

@Marc Desrosiers

I appreciate the information. I’ll definitely do those things. What is best practice, in your opinion, to study the market?