Where do I start when new to real estate?

Question

Hi all!

Mike Garry here, recently discharged from the military and going to college in Seattle (North gate area). I am eager to get into the real estate business and learn as much as I can. I am studying real estate during my free time but would love to get some hands on experience especially meeting people in the industry! I am willing to work my *** off and work for free. Learning is my number 1 priority.
Some of my goals: I would like to buy and hold with the focus on getting as much cash flow as possible

The Seattle market is a little expensive so I am willing to venture off into other areas!

I am not limiting myself to Washington, if there are good deals in other market areas I am willing to check those out!

I want to learn how to truly analyze a deal and consider all factors, especially when the market is as hot as it is right now.

Where do I start? Wholesaling? Become a real estate agent?

Thanks a lot!

Brie Schmidt · Answer

@Michael Garry - I would attend local REIA events, network with investors, and offer to work for free to shadow them.

Julian Sibley · Answer

@Michael Garry Thank you for your service! Buy/hold and cashflow is what you said your end goal is. With your VA entitlement you can purchase a 1-4 unit property with 0% down, but you have to live in one of the units as your primary residence.

My personal opinion is to finish your schooling and get a good W-2 job. That way you can use your income immediately towards qualifying for a purchase. Start to research house hacking, listen to podcasts, read the forums, and network with local investors.