Let me break this down for you:
1. The Right Vision: this means getting really clear on what you want your real estate investments to do for your life. Financial freedom? Tax benefits? Leave a legacy? What types of investment properties do you desire? How do you desire to work in real estate? (investor, property manager, etc.) Where would you like real estate to take you in 5, 10, 20 years?
2. The Right Team: real estate investing is not something you can do alone. That’s why we at REI goddesses believe so strongly in bringing great team members to our community. Make sure that you are surrounding yourself with people who can help answer your questions, give you tools and resources to help support you, and guide you through the highs and lows that are part of the investing process.
3. The Right Market: Is the market you want to invest in landlord and business-friendly? What is the cost of housing? Is there a high job and/or population growth? Is it a market that you’re...