No one gives new real estate investors enough credit.
It’s a tough gig. There’s so much to do, so much to learn, and there’s so much information to digest that it’s really no small wonder that anyone sticks with this crazy business. Well, okay. It’s super worth it and super rewarding, so that’s probably why people keep doing it.
But that sure doesn’t make starting any easier! There are a thousand sources, guides and gurus trying to teach you about the hundreds of different ways to invest in real estate and it’s honestly overwhelming. It’s intimidating. It downright makes your head hurt.
It doesn’t matter if you’re a flipper, a turnkey real estate investor, a wholesaler, crowdfunder, if you’re into land or commercial real estate, or if you just really dig REITs. This is the best advice we can give to anyone who wants to invest in real estate. Period.
That’s why here, we’ve compiled five simple, universal pieces of advice for new real estate investors.