Flipper/Rehabber · San Antonio, TX · Member since 2019 · 5 posts · 3 votes
Hello!!!
I am 44 and recently relocated to San Antonio. I am realizing the potential from the real estate market here which is very different from where I come from in small town Iowa. I am very interested in real estate investing but very overwhelmed with all of the info. I've read about wholesaling, hard money lending, rehab and flipping.. I have a close friend who is my realtor and she is also pursuing this but I'm just curious. I have been watching podcasts and reading a ton of info but I'm overwhelmed. Does anyone have a recommendation for narrowing down the opportunities just starting out? Any info is welcome! Thank you!!
Property Manager · Colorado Springs, CO · Member since 2017 · 126 posts · 67 votes
7y
Hello Nikki!
It's good to have a general understanding of multiple ways you can make money in real estate. However, I would say it would be best to narrow your focus and dive in deep to a certain aspect of investing. As they say, the riches are in the nitches. Study your market to find what strategy would work best for you because not all strategies work in all areas. It is great you have a friend that is an agent because you could have them set you up on an email alert when properties come onto the market and you could analyze these deals and get a better understanding of the market. Local meet ups would be a great way to find out what other people are doing and help get an idea of what works in your area. Good luck!
Property Manager · Colorado Springs, CO · Member since 2017 · 126 posts · 67 votes
7y
Hello Nikki!
It's good to have a general understanding of multiple ways you can make money in real estate. However, I would say it would be best to narrow your focus and dive in deep to a certain aspect of investing. As they say, the riches are in the nitches. Study your market to find what strategy would work best for you because not all strategies work in all areas. It is great you have a friend that is an agent because you could have them set you up on an email alert when properties come onto the market and you could analyze these deals and get a better understanding of the market. Local meet ups would be a great way to find out what other people are doing and help get an idea of what works in your area. Good luck!