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All Forum Posts by: Ronald Starr

Ronald Starr has started 0 posts and replied 1 times.

Post: How to get started in rental property?

Ronald StarrPosted
  • Oakland, CA
  • Posts 1
  • Votes 0

Daniel Gallegos--------------

The first book to read is "The Millionaire Real Estate Investor," by Gary Keller, the founder of Keller-Williams real estate. It gives you a good overview of how it works, without going into detail on specific ways to invest.

I also recommend John T. Reed's books and his website.

Expect to spend 6 months or more studying by reading books and taking classes. Check community colleges near you for low-cost courses related to real estate topics. Look for a local real estate investing group and start going to meetings and talking with people.

It's not easy to get rich. But investing in positive-cash-flowing, leveraged residential properties is a pretty easy way to get rich, over time.

You don't give a reason for not wanting to invest in single family properties. I think it is ok to concentrate on multi-family properties if you prefer. It seems that some people prefer single family houses and some prefer multi-family. And some people go both ways. Do that which fits you and the environment in which you invest.

Good Investigating and Good Investing*********Ron Starr*********