How to start investing in real estate

7 Replies

With some cash on hand, how to start buying investment property in inland empire or los angeles area?

It’s always the hardest in the beginning, any idea or suggestions will be helpful and appreciated.

Make sure you've done your homework and understand what the process will consist of. Make sure you know what market you're interested in down to the neighborhood(s). Start analyzing loads of deals in that specific market and figuring out the good from the bad. Eventually you'll get an idea in your mind of what works and what doesn't. Secure your financing if you want to go that route and then start making offers. LA and Inland Empire are huge areas so make sure you narrow down specific neighborhoods or zones or else any data you collect won't make sense if you're comparing it to the whole area. 

Originally posted by @Joe Tan :

With some cash on hand, how to start buying investment property in inland empire or los angeles area?

It’s always the hardest in the beginning, any idea or suggestions will be helpful and appreciated.

 Those are huge areas. You really need to hone in your search. Real estate is hyperlocal so you need to get down to neighborhood. The first step is education. Learn the business and the market in detail and get to know the areas intimately.

Start reading. There are plenty of books here on BP that will walk you through the process of buying your first property.