How to get started in real estate investing.

Question

Hello There. My name is Brian... I'd like some tips on how to get started. I don't have much money to invest with. I'm trying to learn as much about it as I can. In the town I live in, the economy has declined over the years.. There are homes going up for sale around here everyday.

Abel Curiel · Answer

Good morning Brian,

Believe it or not, having little/no money is not the biggest obstacle right now. BP is the best place to be for learning all there is to know about real estate investing.

The best tip I can give you is to read and learn the basics then branch out into whatever aspect of real estate you think fits best with your situation and goals. You can start with the free e-books that BP offers and also check out some of the other books in the bookstore.

Make this your top priority and in a short time period you'll have a clearer path for yourself. Listen to the podcasts, read the blogs, stay active on these forums and attend local REIA meetings to begin meeting people who are doing what you want to someday do.

Best of luck to you!

-Abel

Brian King · Answer

I have no idea what a GAP funder is or how to find an equity partner.  I'm trying to find out what the ins and outs are..

Danny F. · Answer

Hello Brian King,

There are so much information on BP that speaks about starting.  Main thing is connecting and building a team in the place you'd like to invest.  Here are some links to check out

Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing

Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/

Wishing you the best in creating your future investments!

Much aloha,

Danny

Tracy Smith · Answer

Brian,

I have closed transactions in excess of $3 million with under $200.00 out of my pocket. Money is a big obstacle but there are several ways to overcome. Use a GAP funder, Equity partner etc. You can make it happen if you just focus on the ins and outs of the business.

Good luck to you. Feel free to reach out with any questions.

Brian King · Answer

I'd like to get some more specific tips. Where can I download the ebook?

How to get started in real estate investing.

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