How do you get started in

Question

real estate investing?

Answer 1

You save, save, save some money for a decent down payment...you could even invest that savings in real estate " funds" or in REITs ...Then you begin by looking in local markets for an income property that you can handle... maybe three units, maybe only two..work with a good agent and look for a place in decent shape... sit down and figure out if your income will pay the mortgage, taxes  and insurance... at least get close...in a few years rents will be up...

You'll need to find decent, trustworty repair men who can fix things...not just buy something new every time something goes wrong...and most importantly seek out good dependable tenants.

In a short time, if you are comfortable as a landlord, the " equity " in your building will help you buy a second...and so on.

Answer 2

I recommend an online brokerage firm that has good beginner qualitys {like tutorials or an easy to understand set up}, i use zecco, better then schwab, etrade, etc. they are the only ones with free stock trades, no minumums..all the others will charge you fees for trading, but compare and see for yourself. Good luck and happy investing!

http://friends.zecco.com/r/a7a2877caab81...