New to this field looking for someone to help me start

Nicholas L.Pro Member
Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
1y
@Xavier Robinson
hello - start with a house hack
if you don't have enough money yet, save up until you do
a lender can tell you how much you will need
good luck
2 Reply
Nadeem Alamgir
Real Estate Agent · Member since 2023 · 831 posts · 577 votes
1y
^^ Not bad advice, BRRRR deals can be attractive, but it's not the easiest strategy to start with. You'll have a smoother experience by starting with a house hack.

If your local market is too expensive, consider looking into turnkey or light renovation properties that are already tenant occupied and bringing in market rent (or close to it). It’s a more manageable way to get your feet wet and build solid momentum. Best of luck!
1 Reply
Melissa JusticeBusiness Member
Rental Property Investor · Phoenix, AZ · Member since 2024 · 518 posts · 1k+ votes
1y
@Xavier Robinson,
Welcome to the real estate world! You're in the right place by asking this question.

Here’s a simple roadmap to get started:

Get Clear on Your Goals- Ask yourself:
* Are you looking for long-term wealth, cash flow, or quick flips?
* How involved do you want to be? (Hands-on like rehabs, or more passive?)

2. Learn the Basics
Start building your foundation:
Books: “Rich Dad Poor Dad” by Robert Kiyosaki (mindset), “Buy, Rehab, Rent, Refinance, Repeat” by David Greene (strategy).
Podcasts: BiggerPockets Podcast is a great one.
YouTube: Tons of free content out there—look for channels focused on beginner investing and financial literacy.

3. Decide on a Strategy
Here are a few common starting points:
Turnkey Rentals – Already renovated and rented out; good for beginners looking for passive income.
House Hacking – Live in one unit and rent out the rest (like a duplex).
BRRRR – Buy, Rehab, Rent, Refinance, Repeat—great for building equity quickly, but more hands-on.

4. Understand Your Finances
Check your credit, savings, and borrowing power. Getting pre-approved with a lender is one of the first action steps once you're serious—it helps you know your price range and move quickly when a deal comes up.

5. Build a Network
Connect with local or virtual investor groups, realtors who work with investors, and property managers. You’ll learn faster and avoid beginner mistakes.

If you want to go a more passive route to start (especially if you're working full-time), turnkey rentals can be a smart entry point—they're already rehabbed, tenanted, and managed, so you learn the ropes while still building equity and cash flow.

Always here to help run scenarios and crunch numbers!
Best of luck,
Melissa
[email protected]313-221-8718
0 Reply
- Xavier Robinson
  OP
  Member since 2025 · 4 posts · 9 votes
  1y
  @Melissa Justice thank you for the help you don't know how much this opened my eyes I really appreciate it anything I need to know
  1 Reply
- Melissa JusticeBusiness Member
  Rental Property Investor · Phoenix, AZ · Member since 2024 · 518 posts · 1k+ votes
  1y
  Quote from @Xavier Robinson:
  
  @Melissa Justice thank you for the help you don't know how much this opened my eyes I really appreciate it anything I need to know
  
  My pleasure! DM me if you need more guidance. Always here to help!
  [email protected]313-221-8718
  0 Reply
Travis TimmonsPro Member
Rental Property Investor · Ellsworth, ME · Member since 2021 · 1k+ posts · 2k+ votes
1y
BRRRR is a cute term, but let's call it what is really is - you are buying a disaster of a property and you don't know what you have until you already own it. And for most beginners, there is a real risk of running out of cash in the renovation stage. It's a great way to force equity and scale, but man it's tough and stressful.

I agree with @Nicholas L. - owner occupied strategies are the best way to start.
0 Reply
Jeffrey BlackmanPro Member
Lender · Chicago, IL · Member since 2017 · 107 posts · 34 votes
1y
@Xavier Robinson, welcome to the world of REI! I agree with @Nicholas L., start with house hacking. You'll learn all the aspects of investing from the comfort of your own home, literally. Build your team, including an investor-friendly real estate agent, and a reliable GC. Round out your team with a local mentor.
0 Reply
Wale LawalBusiness Member
Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
1y
@Xavier Robinson
Welcome! A great place to start is by learning the basics—focus on terms like cash flow, equity, ROI, and different strategies like house hacking, BRRRR, and rental investing. I recommend reading books like Rich Dad Poor Dad and The Book on Rental Property Investing by BiggerPockets. Then, set a clear goal: Do you want passive income, flips, or long-term rentals? From there, build your credit, save for a down payment, and connect with local investors or real estate meetups to learn from others actively doing it.
Good luck!
[email protected]832-776-9582 Podcast Guest on Show #469
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