Everything You Should Know Before Investing in Real Estate

I think that there may be this misconception that in order to be a real estate investor, you have to buy a lot of properties or develop them. When in fact, being a real estate investor could mean just owning a single property. As soon as you buy a property, whether that be a single-family, condo, or multifamily, that is an investment. It’s an investment into yourself and your financial future. Once you’ve owned your property for a while, you will hopefully have some equity in the property. You can utilize this equity to either improve your current home or buy another property and rent the property you were living in. Sounds overwhelming? Don’t worry— allow me to show you the ropes.

I often have buyers come to me, asking how they can start their real estate investment journey. Sometimes, this can mean buying a multifamily, living in one unit, and renting out the others. Or, it can mean eventually renting out all units and using the income from your property, and the equity, to buy a single-family property. Sometimes, this means buying a primary home that you outgrow— you keep it and rent it, using the equity from that property to buy another house. Some people are looking to create an entire real estate portfolio with aspirations to own multiple properties. Others will have a primary home and a short-term rental that they can rent out.

Real estate investing does not fit into a box. It is all about what your goals are— but know that real estate investing is within reach and doesn’t have to sound as daunting as it may seem.

Want to know more? I’d love to help. Feel free to reach out for more industry-related advice.