Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

1
Posts
1
Votes
Meghan Langbehn
1
Votes |
1
Posts

Meghan, BSN, RN

Meghan Langbehn
Posted

Healthcare is tough! I am looking to get into rental properties. Eager. Determined. Not totally patient. What do I need to do!? What mistakes can I avoid? What should I absolutely know before I start. No distractions. No unnecessary knowledge. Clear, concise, informative knowledge for growth and investments. 

User Stats

2,289
Posts
1,157
Votes
Joe Homs
  • Flipper
  • Mission Viejo, CA
1,157
Votes |
2,289
Posts
Joe Homs
  • Flipper
  • Mission Viejo, CA
Replied

@Meghan Langbehn  learn, learn, learn.

1.  Education is the key.  Learn how to wholesale for leads.

2. Learn how to figure out ARV (After Repair Values)

3.  Learn how to figure out if a property will cash flow. (More money coming in than going out.)

4.  Work the numbers and when you are ready go look at some properties.  California is NOT a great place to cash flow right now.  Are you a traveling nurse?  Look at areas out of state.

Good Investing...

User Stats

2,699
Posts
1,895
Votes
Dawn Brenengen
  • Real Estate Broker
  • Raleigh, NC
1,895
Votes |
2,699
Posts
Dawn Brenengen
  • Real Estate Broker
  • Raleigh, NC
ModeratorReplied

You came to the right place! I'd start by listening to some of the BP podcasts that talk about rental properties. There is also a book called "The Book on Rental Property Investing"

https://store.biggerpockets.co...

Steadily logo
Steadily
|
Sponsored
Need property and liability insurance for your rentals? BP Investors trust Steadily for great rates and tailored coverage for short and long-term rentals.