Discover why so many successful investors support their investment careers with house hacking—and learn from a frugality expert who has “hacked” his way toward financial freedom!
WELCOME TO THE
Over the many years that we've been serving real estate investors, one of the most asked questions on our site,
BiggerPockets.com, has been, "How Do I Get Started in Real Estate Investing?"
People from all over the world have been coming to BiggerPockets to find the answer to that
question. While some may lead you to believe that there is a simple answer that works for everyone, that just
isn't the case. We've built this guide to help simplify the process of figuring out how YOU can get started. Of
course, this guide is not an all-encompassing "how-to" manual. It will not cover every aspect of real estate
investing. Instead, it will provide a broad-stroke overview of the best ways to start down your path to
financial freedom through real estate investments.
Get the Ultimate Beginner's Guide as a convenient, downloadable PDF
Starting any new endeavor can be scary. Our goal with the Ultimate Beginner's Guide is to help alleviate new investors’ fears by providing the tools they need to be successful in their real estate investing journey.
—Joshua Dorkin, Founder & CEO of BiggerPockets.com
This guide contains eight chapters, each focusing on a specific part of your investing journey. If you can
master these, you increase your chance of building wealth through real estate and minimize the risk of failure
or loss. This guide will walk you through the following:
Before you start investing in real estate, it is imperative that you get educated about important concepts.
There are dozens of ways to learn and build your knowledge base, and Chapter 2 will focus on this in great
There are a number of different strategies and angles from which to approach the business of real estate
investing. The more you focus on one specific thing, the better and more knowledgeable you become at it. This
will be the focus of Chapter 3, as we dive deeper into the various niches and strategies you can profit from
your real estate investing journey.
As the ancient proverb goes, a house built on sand is subject to collapse. By creating a strong foundation for
your real estate investing endeavors to stand upon, you will create a sustainable business that can ultimately
weather the storms you may face. Chapter 4 will show you the best ways to build that foundation to maximize the
odds of your success.
When it comes time to actually make your first investment purchase, it is vitally important that you don't pay
too much and that you invest in the right kind of property. Chapter 5 will dive into the specifics of how to set
proper criteria to guide your investment decision making.
Paying for your investment is very different from paying for a loaf of bread—and the method used can often mean
the difference between success and failure. Chapter 6 will dive into the various financing tools you can use
throughout your investing career.
Regardless of what aspect of real estate investing you choose to focus on, you will undoubtedly need to have a
strong marketing skill set. Too many investors have the “if you build it, they will come” mentality when it
comes to real estate. Putting together the right marketing program and allocating the necessary amount of
resources toward it is absolutely crucial to the success of any real estate investing business over the long
term. Chapter 7 will focus on the marketing aspect of your real estate investing business.
How you plan to exit your real estate investments is just as important as how you enter them. Whether you sell,
rent, or exchange your property, in order to minimize your risk, it is vitally important to clearly understand
your exit-strategy options (for any investment deal) from the beginning. Chapter 8 will discuss these exit
options in detail to help you plot your real estate investing course.
As you work your way through this guide, remember that this is not all-encompassing. It is a 40,000-foot view of
how real estate investing works, and it is designed to give you the basic tools to get past the all-important
question of how to get started. As you read along, take note of any questions, or highlights pertinent
information, and then visit BiggerPockets.com to search the site or ask questions on our forums to learn more
about anything that’s still on your mind.
For those unfamiliar with our site, BiggerPockets.com is an online community of real estate investors with the
largest collection of advice for new and experienced investors. It is free to join and to begin participating,
learning, and growing.
If you are new to BiggerPockets, start with our real estate forums. The BiggerPockets forums contain more than
4,000,000 posts about every aspect of real estate investing, updated hundreds of times a day. Search through the
site or create a new thread and ask any questions you’d like; many of our 1.3 million members will be there to
help answer them. Also, check out the BiggerPockets blog—which holds more than 9,000 articles from experienced
investors in many different real estate investing niches—and the BiggerPockets podcast, now the leading real
estate podcast on iTunes. These sources, along with hundreds of other pages on the site, make BiggerPockets.com
the largest source of real estate investing knowledge on Earth.
It is perfectly natural to be intimidated, but our goal at BiggerPockets is to help you overcome your fears and
countless questions by providing as much free information as possible and help you make the best decisions for
your own needs.
If you signed up for BiggerPockets via Facebook, you can log in with just one click!
Log in with Facebook
We just need a few details to get you set up and ready to go!
Full NameUse your real name
PasswordUse at least 8 characters. Using a phrase of random words (like: paper Dog team blue) is secure and easy to remember.
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Receive a free digital download of The Ultimate Beginner's Guide to Real Estate Investing.
Connect with 1,000,000+ real estate investors!
Find local real estate meetups and events in your area.
Start analyzing real estate properties, we do the math for you.