Name: Where Is The Best Place To Start Real Estate Investing?
Uploaded: 2020-03-09T16:11:00.000Z
Duration: 4 min 12 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

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You want to get into real estate investing and you wonder where is the best place to start real estate investing.

I'm generalizing this because I don't know who is watching this particular video from me.

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When it comes to real estate investing or any kind of investing, you have to invest in something that you know the last thing you want to buy a piece of property.

Invest your first piece of property and you lose money.

Which market you think you know Best chances off That's your hometown.

Because chances are you've been living there for a number of years, or you grew up in that neighborhood, even though it's outside the neighborhood into other neighborhoods.

But the, uh, the area you know those areas well, and it's not difficult to find out more information.

Maybe there's a new shopping more being developed.

There would be no new chance it right there.

We knew buses and new train going to those areas.

Maybe there is a new school being built where there's a new community.

If you were to do some research, could be through online, right?

You could find out a lot of that information versus if you go to a new city and let's say you're talking to an Asian and the aging it's it's pitching you right?

The number kind of looks right, But you actually don't know that neighborhood that well And what, you didn't know I could hurt you because when you didn't know, it may be that the area it looks okay.

But actually, there's a big factory nearby, and they're gonna move the factory to oversee thousands and thousands of people are gonna lose their jobs.

What if you don't have that one piece off information?

Do you think that might affect the valley off your real estate with that affect your rental income to stability off the income source?

So you have to investigate before you invest.

Now, another thing is, if you invest in the property, your first couple deals.

If it's out of town, that market, maybe a little bit better.

You have to go back and forth, back and forth, right?

You gotta fly to Death City or you gotta drive hours and hours and hours to the city.

In just a couple of these trips, it drinks your energy.

So although that market might be better, But for beginners, I do not advise you to invest in a city that's very far away.

Now, once you become Maur sophisticated, once you become a professional investor, then you can look into Yes, I can invest in a different state.

Once you have more capital, once you have a team, once you have more experience.

But in the beginning, chances are you don't fall.

You know what you're doing yet, but in the beginning, you're still learning the ropes around.

Find something within your city unless it is just a horrible, horrible market.

But chances are, if you look hard enough, you will find that motivated seller.

Once you find that motivated seller, you could negotiate and you could find a pretty good deal And you don't speculate, right?

Right where there's job growth, where there are a lot of employment opportunities, chances are you'll be okay.

So the best place to start investing in rural state is your hometown.

Now, if you have more questions about investing or investing in real estate common below, I will do my very best to answer your questions to the best of my ability.

Go ahead and common below, and don't forget to hit the subscribe button and subscribe to my channel as well.

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Where Is The Best Place To Start Real Estate Investing?

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