Rental Property Investor · Charlotte, NC · Member since 2021 · 4 posts · 1 vote
I am a recent College Graduate in Charlotte, NC and I’ve always envisioned a life of financial freedom. I am starting my career in HR and will have a few extra dollars to invest after bills are taken care of and I would love any advice that is offered for Rental Property Investing.
I maintain there are two KEY skills you need to begin developing to be successful as a real estate investor:
Analyzing investment opportunities and recognizing what makes a deal good or not
Talking to sellers to uncover their true needs and thereby solve their problems
Note that both of these skills demand ongoing practical application. By all means, read the books and attend the webinars, but at the end of the day you've got to put all that learning to work with actual potential deals and real live sellers.
I guarantee you: The sooner you get busy on these two, the better an investor you'll become!
I maintain there are two KEY skills you need to begin developing to be successful as a real estate investor:
Analyzing investment opportunities and recognizing what makes a deal good or not
Talking to sellers to uncover their true needs and thereby solve their problems
Note that both of these skills demand ongoing practical application. By all means, read the books and attend the webinars, but at the end of the day you've got to put all that learning to work with actual potential deals and real live sellers.
I guarantee you: The sooner you get busy on these two, the better an investor you'll become!
Congratulations! I started investing as soon as I graduated and I reached financial freedom 9 year later. Would have been sooner if I knew all the things I know now.
Having multiple funding options is key! You do not need 20% down!!!!!! This slows a lot of people down.
Understanding value. The price and value are rarely the same. You want to make sure you buy properties that are under valued.
Thank you so much! I’ve been listening to a few podcasts on Bigger Pockets and am halfway through the Rental Property Investment book published by Bigger Pockets! This advice is extremely helpful!
I would love to connect on LinkedIn: Harvey McCullough
So often, I’ve heard the idea of having 20% down was necessary to begin investing! I’m glad this myth was proven to be inefficient! Thank you so much for your advice and congratulations on reach Financial Freedom at such a young age!
I would love to connect on LinkedIn: Harvey McCullough
I am new to social media and can only handle a few sites. I am on Linkedin but I'm not active. I do get notification so I will respond, but I am more active in instagram.. I post more about me, projects, tenant drama etc. IG @jhanelwilson