00Introduction Welcome to the UBG to Real Estate Investing
01Chapter 1 How to Invest in Real Estate: An Introduction
02Chapter 2 Real Estate Investing Education
03Chapter 3 Real Estate Investments: Niches and Strategies
04Chapter 4 Create your Real Estate Investing Business Plan
05Chapter 5 How to Find Investment Properties
06Chapter 6 Real Estate Financing
07Chapter 7 Real Estate Marketing
08Chapter 8 Real Estate Exit Strategies
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.Tweet
—Joshua Dorkin, Founder & CEO of BiggerPockets.com
What to Expect in This Beginner's Guide
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:
Your Real Estate Investing Education
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 depth.
Choose Your Real Estate Niche and Strategies
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.
Create Your Real Estate Business Plan
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.
Find the Best Investment Properties
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.
Financing Your Real Estate Investments
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.
Mastering Real Estate Investment Marketing
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.
Knowing and Executing Your Exit Strategies
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.
Are You Ready to Begin?
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.