Super new and super motivated! Only problem is idk the real estate lingo! Hit me with some of the term you all use. Also, I’m not a real estate agent. Just looking for some extra cash flow. Any suggestions on where to start?
Real Estate Broker · Huntsville, AL · Member since 2019 · 1k+ posts · 872 votes
5y
My suggestion is start by reading "what every real estate investor needs to know about cash flow" then reach out to an agent for some help finding properties :) Make sure it is an agent who does investing like the ones on BP!
Stuttgart Germany · Member since 2021 · 10 posts · 8 votes
5y
Go to youtube Search Bigger Pockets Pod Cast 300, and take notes. Put it on fast speed, then pause anytime your confused. Then rewind, and annotate any words or terms you don't understand and google them.
Also search Bigger Pockets newbie, and bigger pockets rookie on youtube. You will get an amazing education for free. If you need a break from BP, then youtube 'Rich Dad Poor Dad audiobook' it's available on there, listen to that and it will give you an idea of assets vs liabilities. That will help you get into a growth mindset.
Further resources for general economics is on youtube, I like 'economics explained'. He breaks things down at very simple levels. Good luck in your learning.
Real Estate Broker · Huntsville, AL · Member since 2019 · 1k+ posts · 872 votes
5y
My suggestion is start by reading "what every real estate investor needs to know about cash flow" then reach out to an agent for some help finding properties :) Make sure it is an agent who does investing like the ones on BP!