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Updated about 4 years ago on . Most recent reply

Tips tips tips! Getting Started!
Hello Everyone!
I'm super excited to start my journey in the real estate industry. I recently obtained a LLC. I don't have access to a lot of cash on hand, but my credit is good for the most part. Im looking for any advice that would help a newbie like myself. Particularly with OPM, building business credit, Mentors, etc.. Thanks in advance! PLEASE HELP :)
Most Popular Reply

Walk/drive your target neighborhoods.
Note any addresses that look run down.
Address a letter or postcard to those homeowners asking them to call you if they'd like to sell their house.
Cut back your spending to increase your savings.
Find a perfect home for multifamily living, or identify a good area to rent by the bedroom.
Purchase a property where you can live and rent the other units or rooms. (You can buy this kind of home at retail for 3.25% downpayment, FHA loan.)
Don't procrastinate. The best time to buy real estate was twenty-five years ago. The second best time to buy real estate is today. Best of luck!