Hi everyone, my name is Chibuzor and I new to BiggerPockets. I have been interested in Real Estate for the past year, and have spent the past few weeks educating myself here on BiggerPockets. I am raring to get started in purchasing Real Estate and I currently have three potential paths forward (please feel free to correct my ideas or suggest a more efficient method of getting started in the real estate business) 1. Buy houses for rental purposes, and make sure you only accept houses that give you a 12% or greater ROI, OR 2. (Since I recently purchased a house and have no money), I should analyze deals, find great deals, and BRRR them or look for private money in purchasing those deals, turn them into rentals, and split the rental income, OR 3. (Wholesaling) Find deals by sending out mailers, figure out what house owners need for their properties and what you are willing to pay, agree on an acceptable price, put the house under contract, and find a suitable buyer for the property Update: Settled on Rent To Own opportunities. Created a website called https://easyrealestatewpg.com to promote Rent To Owns in Winnipeg I can also help my fellow investors create websites like mine. Just PM me for more information. Experience: I have purchased my first house and it is my primary residence Real Estate Goals: I plan to use real estate to fund my very minimal monthly expenses through continual rental income, freeing me up to either continue expanding in the real estate sphere or chasing my passion in computer science Currently Seeking: I need to learn how to analyze deals, how to negotiate deals, how to secure contracts (for wholesaling maybe), and how to fund deals in the Winnipeg, Canada market
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