What Is The Best Option For Real Estate Investing For A Novice To Get Started?
I аm јυѕt starting out іn real estate investments, аnԁ ԁο рƖаn tο ɡеt a real estate sales license. I wаѕ wondering whаt wουƖԁ bе thе best route fοr thе beginner.
I аm јυѕt starting out іn real estate investments, аnԁ ԁο рƖаn tο ɡеt a real estate sales license. I wаѕ wondering whаt wουƖԁ bе thе best route fοr thе beginner.
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Buy a duplex, live in half of it and rent out the other half and let them pay for your mortgage for you. Once you’ve built some equity in the property, borrow against it to purchase another property and move in there and rent out the other half of the duplex to help cover the cost of your next mortgage.
The user above has the right idea. I actually work with mostly first time investors so if you need any assistance I can shoot you some different information. Renting out property is the best way to go as it generates immediate cash. I would skip the whole apprentice thing as its usually a really shitty gig.
Find someone already in their field… offer to be their apprentice, help them with paper work etc. for a few months, see how they do things… then take what you’ve learned and try to improve upon it and start on your own.