New investor and analysis paralysis

[Rich Dooley]

Hi BP friends,

I'm beginning the real estate investing journey, and while I'm still in the research/learning phase of things (reading, REIA meetings, etc.), I already feel a bit of paralysis on what type of RE I should consider. I have a limited bucket of funds, but enough to purchase at least one decent SFR, but also considering Reg A type funds and other crowdsourcing opportunities. Would love to hear from some others on how they got started and anything else relevant for someone in my position. Thank you!

[Tyler Kastelberg]

@Rich Dooley: Welcome to the investment community! Like Mihir mentioned, I highly recommend you consider taking a leap into multifamily investing rather than purchasing an SFR. With every additional unit, you slightly reduce your tenant risk and find that valuations are better on larger assets. If you're uncomfortable going at it alone, find a local semi-pro who can partner with you on your first deal. You won't regret it.