Paralyzed in Nebraska

[Neill Mollard]

My name is Neil. I am in a good profession making a great living, but want to diversify my investment portfolio. I have a retirement account filled with Vanguard index funds, and now I want to find an investment that does not correlate with the market. In addition to diversification, I am interested in REI for income replacement in retirement (when it comes) and for its tax benefits.

I've read quite a bit of info on this site and others like it over the past months, but am still paralyzed. Where do I start? I don't have much free time to research several properties or vest several third parties - my job and my family life are very time consuming. But I see the benefits of REI and want to take part. What would you all recommend?

[Josh Nix]

Neil, I agree with @Luke Foote you need to figure out what it is you exactly want and how much time you can commit to this business, There are plenty of people here in Lincoln to partner with on flips or buy and holds. It can be a little scary doing your first deal alone so finding a partner helps mitigate your risk. 

A good place to start would just to surround yourself with other successful real-estate investors, Contact @Aaron Impens about the monthly meet-ups he does.