Newbie Investor in NC

[Philip Lamachio]

My parents have invested in rental properties as land lords for at least 30 years, but are unable to clearly explain to me how they became successful. My father was able to retire at 50 because of the homes my mom bought while he was working. 

I have a plaster restoration business and have been around the building/remodeling side of residential property for a very long time and know a lot about houses, but i don't really know the real estate investing business very well and want to learn from others. 

Presently I have 8-10K to invest. I know that's not much but would like to start somewhere and gain traction. Thanks. 

[John Van Uytven]

@Philip Lamachio

Welcome to BP, it's a great site.

Have you read the Ultimate Beginner's Guide? It is a great read (plus free).

I assume you are wanting to do buy and hold like your parents. It is still worth the time to read.

Don't forget to make keywords up so you know when someone is talking about your area.

When you want to tag someone in a post use the @ symbol and start to write their name. A box with their name will pop up and you should click on their name. It will turn blue, like your name did in this box.

When someone writes something you like, you can give them a vote for appreciation.

Good luck & remember

*DFTBA*

Don't Forget To Be Awesome