New Investor In Training

[Joseph Bondarenko]

I am an engineer that would like to add investment properties into my portfolio. I realized that my only income stream is my W2, so I want to add some real estate to it. I am a beginner, I tend to spend too much time thinking and analyzing before taking action. I am here to learn at BiggerPockets, but need to challenge myself to take more risks and start investing. 

[Nicholas L.]

@Joseph Bondarenko

can you start with a house hack?  this will not generate cash flow but will build equity.  equity is wealth.

and one thing to note is that long term rentals will not provide income initially.  It typically takes several years for them to be stabilized and actually start generating true income.

hope this helps