ProInvestor
New Contributor
Well PhxMJ is putting together a Wiki which I plan to add many pages too.
I think a Wiki is better for this sort of thing for two reasons:
> Anyone can add to one main bulk, rather than having to scroll through pages and pages.
> Focus great posts in one place, rather than either sticky them (and end up with a huge amount of stickys) or loose them.
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As for the Q.....
First off I would figure out why you want to invest in Real Estate...
Is it to retire early? Is it to build a solid retirement (you like your job)?
Are you looking for some major cash upfront and then cashflow?
After you figure out your why then you can determine your strategy....
Rentals, LeaseOptions/wraps, Cap Gains, Developing, etc
(and that determines what books and research you do)
Then you start your research on your area...
Are you looking for med size towns (low cap gain, but high cashflow?)
Not Great, But a start perhaps.....
Rgds.
ProInvestor
I think a Wiki is better for this sort of thing for two reasons:
> Anyone can add to one main bulk, rather than having to scroll through pages and pages.
> Focus great posts in one place, rather than either sticky them (and end up with a huge amount of stickys) or loose them.
---
As for the Q.....
First off I would figure out why you want to invest in Real Estate...
Is it to retire early? Is it to build a solid retirement (you like your job)?
Are you looking for some major cash upfront and then cashflow?
After you figure out your why then you can determine your strategy....
Rentals, LeaseOptions/wraps, Cap Gains, Developing, etc
(and that determines what books and research you do)
Then you start your research on your area...
Are you looking for med size towns (low cap gain, but high cashflow?)
Not Great, But a start perhaps.....
Rgds.
ProInvestor