All Forum Posts by: Adan Caballero

Welcome, Adan! Since you’re just getting started, I’d suggest narrowing your focus to one strategy, like long-term rentals or house hacking, and really learning the ins and outs of it before branching out. It helps you gain confidence and build momentum faster.

 avoid expensive gurus who are good snake oil salesman and tag along with the people actually investing. Most gurus never provide case studies - why is that?  Because they are not doing deals. 

Attend local meetups to find realtor, lender, tradespeople. 

Listen to podcasts and read as much as possible to educate yourself. 

Spend less than you earn. 

Buy a house hack - it's the lowest risk way to get into real estate. You need somewhere to live anyway and you can get favorable down payment terms. To boost cash flow, you could do short term rentals, medium term rentals, or rent by the room. 

It's going to seem overwhelming at first. There are a lot of different ways to be successful in real estate and there is a lot to learn. My advise:

1. Get your financial house in order at home.

2. Keep it simple and learn the basics (tons of resources here).

3. Network, network, network.

4. Find the route that best fits into your lifestyle. 

5. Stay consistent.  Understand that it's a long game. It doesn't happen overnight. 

6. No need to recreate the wheel. Lots of repeatable strategies out there. 

I know that was super vague, but those were some of the things that helped me out a lot on my journey. Be a sponge and learn as much as you can early on.