What to Know BEFORE Investing in Real Estate

What to Know BEFORE Investing in Real Estate

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Episode #438

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Not quite ready to invest in real estate? Maybe you’re still getting your finances in check or saving for a bigger down payment. In any case, don’t sit on your hands! While you wait, there are plenty of things you can do to become a more knowledgeable investor and prepare for your first deal!

Welcome back to another Rookie Reply! Today’s episode is jam-packed with essential tips for those who are just starting out. First, what market should you invest in? Ashley and Tony will show you how to identify up-and-coming neighborhoods before they explode! Most investors will also need to furnish a short-term rental or renovate a distressed property at some point in their journey. We’ll show you a hack that could help you save thousands of dollars when buying materials, furniture, and décor. At what point should you hire a bookkeeper? Can you manage your own books? Tune in for a few real estate accounting tips!


00:00 Intro

00:49 Do I Need a Bookkeeper?

06:43 Finding Up-and-Coming Neighborhoods

12:48 The BEST Way to Fund Your Projects

20:48 What to Know BEFORE You Invest

30:18 Send Us Your Question!

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By: Real Estate Rookie
Title: What to Know BEFORE Investing in Real Estate
Sourced From: www.youtube.com/watch?v=QMDw8fWS6E8



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