My name is Ivan R. Gonzalez and I would like to know more about being able to lease properties. I unfortunately do not have experience in buying or selling properties, however, I have been doing my fair share of reading and learning the basic concepts and understanding the process of real estate investment. I am currently a teacher and a soccer coach that is slowly saving up money. By june 2019 I will have saved about $6,000 to invest in my first property. I have some skills in regards to repair and manual labor, as well as, a various network of people that can help in fixing or maintaining the property
My questions are: Where can I go or who can I contact in order to start buying and leasing properties? How does the whole process work? Is there somebody I can go to in order to create an air b&b? any books that you would recommend? do I need to have to a real estate license? Any recommendations of where I can look and start from?
You can try the MLS, Wholesalers, For Sale by Owner, Loopnet, or finding the deal yourself. As as far as short term rentals go, it's best that you analyze the are first and see if it would make sense as a short term/corporate rental. You do not need a license to invest and here's a list of great books!
Rich Dad Poor Dad, Millionaire Real Estate Investor, Multi- Family Millions (Dave Lindahl), ABC’s of Real Estate Investing, The Book on Rental Property Investing, Hold, The Advanced Guide to Real Estate Investing, The Due Diligence Handbook for Commercial Real Estate, Millionaire Real Estate Agent, The Book on Managing Rental Properties (Brandon Turner), The Emyth Revistited
Crushing It in Apartments and Commercial Real Estate, Emerging Real Estate Markets ,The ABC’s of Property Management, Wheelbarrow Profits, The One Thing, Outliers, Start with Why, David and Goliath, Chasing Excellence, Extreme Ownership, The Compound Effect, The Entrepreneur Roller Coaster, Be Obsessed or Be Average, The 10x Rule, The Obstacle is the Way, Ego is the Enemy, Am I Being Too Subtle, 48 Laws of Power, Atlas Shrugged, Man’s Search For Meaning, Sapiens, Tools of Titans, Four Hour Work Week.
-I will say educate yourself as much as you can for the first couple of months and then go out and take action!
My name is Ivan R. Gonzalez and I would like to know more about being able to lease properties. I unfortunately do not have experience in buying or selling properties, however, I have been doing my fair share of reading and learning the basic concepts and understanding the process of real estate investment. I am currently a teacher and a soccer coach that is slowly saving up money. By june 2019 I will have saved about $6,000 to invest in my first property. I have some skills in regards to repair and manual labor, as well as, a various network of people that can help in fixing or maintaining the property
My questions are: Where can I go or who can I contact in order to start buying and leasing properties? How does the whole process work? Is there somebody I can go to in order to create an air b&b? any books that you would recommend? do I need to have to a real estate license? Any recommendations of where I can look and start from?
Find a local realtor who knows low-income neighborhoods. Keep saving money, but understand how to model a profitable house. Buy something like a 2/1 for $50,000, rent for $600 a month. Always have 3-5 months of mortgage payments in cash for vacancy or repairs. You can do it, but not right now. You need more cash.
@Ivan Gonzalez have you thought about House Hacking? Many a first time investor start out that way and your down payment requirements will be lower. Just a thought.
You can try the MLS, Wholesalers, For Sale by Owner, Loopnet, or finding the deal yourself. As as far as short term rentals go, it's best that you analyze the are first and see if it would make sense as a short term/corporate rental. You do not need a license to invest and here's a list of great books!
Rich Dad Poor Dad, Millionaire Real Estate Investor, Multi- Family Millions (Dave Lindahl), ABC’s of Real Estate Investing, The Book on Rental Property Investing, Hold, The Advanced Guide to Real Estate Investing, The Due Diligence Handbook for Commercial Real Estate, Millionaire Real Estate Agent, The Book on Managing Rental Properties (Brandon Turner), The Emyth Revistited
Crushing It in Apartments and Commercial Real Estate, Emerging Real Estate Markets ,The ABC’s of Property Management, Wheelbarrow Profits, The One Thing, Outliers, Start with Why, David and Goliath, Chasing Excellence, Extreme Ownership, The Compound Effect, The Entrepreneur Roller Coaster, Be Obsessed or Be Average, The 10x Rule, The Obstacle is the Way, Ego is the Enemy, Am I Being Too Subtle, 48 Laws of Power, Atlas Shrugged, Man’s Search For Meaning, Sapiens, Tools of Titans, Four Hour Work Week.
-I will say educate yourself as much as you can for the first couple of months and then go out and take action!
@Ivan Gonzalez: I agree with all of these ideas. You might network your older friends to see if they would be your private lender and or partner. Where you live is important. If you're in California, Oregon, or Washington you're out of luck. I'm in Arizona but looking at SW Colorado, western NM.