To get started investing in real estate, you need to know a few things.
How should you get started investing in real estate? The very first thing you need to consider is your goal; why do you want to invest in real estate? Your goal determines all the future steps in investing. Today we’re discussing what you need to know to start investing in real estate the right way.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to browse specific topics at your leisure:
0:00: Introduction to today’s topic
0:35: Real estate investing is not for the faint of heart
2:35: Based on your goal, figure out a strategy
6:10: How much cash do you need if you’re considering flipping properties?
7:55: The 1% rent rule
8:55: Is the 1% rule possible in the metro D.C. area?
11:15: Where you purchase a property depends on your goal
13:00: Why invest in real estate for your retirement?
14:30: You have to be able to adapt
16:30: Wrapping up today’s topic
If you’re interested in investing in real estate and want to know more or you’re considering selling your home, call, text, or email us. We would be glad to help you.