Where do I start to becoming a real estate investor

Where do I start to becoming a real estate investor

Member since 2019 · 1 post · 0 votes

I have about 3-4K saved I just feel as if I need at least 20k cash but that won’t be achievable for a few years and I’m looking to see if there’s no anything else I can do in a shorter amount of time. I’m new and looking for help on what routes I should take to become a successful investor! Thanks in advance any tips and advice would be greatly appreciated 

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  • Rental Property Investor · RVA · Member since 2016 · 5k+ posts · 4k+ votes
    7y

    Sounds like you probably have a day job, can you switch tracks and get a day job in real estate? Property management and brokerage are two great tracks to work in. You can get a lot of real estate related experience and massively grow your real estate network at the same time.

  • Investor · FL · Member since 2017 · 247 posts · 245 votes
    7y

    @Anthony Miller I recommend investing in education first, then do deals. For example, you might want to learn how to wholesale properties, which is something you can do with $0 out of pocket, or you might want to learn how to raise other people's money to do deals, since you don't have a lot of capital to work with. In full transparency, I started with $25k in real estate about 10 years ago, but I wish I would have studied more, because I later learned how I could have done that same deal for around 5k vs 25k. Best of luck!  

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