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Passive Real Estate Investing

Ask Marco - Steps to Getting Started | PREI 140

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6968 Ratings

🗓️ 28 March 2019

⏱️ 9 minutes

🧾️ Download transcript

Summary

Marco answers a listener question about the steps to getting started. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary   IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . . . Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to passive real estate investing the show where busy people like you

0:04.7

learn how to build substantial passive income while creating wealth for the

0:08.7

long term and now here's your host Marco Santorelli.

0:12.4

Hello my friends and welcome to a Now here's your host, Marco Santorelli.

0:13.3

Hello, my friends and welcome to another episode of Ask Marco

0:17.0

where I answer your investing related questions.

0:20.0

Today's question is a great one.

0:22.0

It comes from a young gentleman named Harrison and this is all about the steps to getting started.

0:27.0

He writes, hey Marco, I am looking to start my investment portfolio. I am 24 and have a full-time job, but I'm able to work

0:35.2

from home 70% of the time. I would ideally like to start with a single-family home. I am new to

0:40.9

real estate investing, and I'm looking for guidance on how to take the first actual steps required to create an investment portfolio.

0:48.0

I do have some money set aside for investing but I would love to learn how to use as little as possible.

0:53.6

I have some residential construction experience so I will be performing all non-license-required

0:59.2

repairs on the first home to cut costs.

1:01.7

Any and all advice is welcome. Thanks. So I replied back to him and

1:06.2

I said I'd probably record this on another episode and of course what he said thus far sounds like he's looking at rolling up his

1:15.0

sleeves and doing some of the work himself. But he replied back, he said, hey Marco,

1:19.9

I look forward to hearing the episode. I have been listening to your podcast for a while now and have learned so much.

1:25.0

The irony is, however, the more I learn, the more I realize I do not know yet.

1:30.0

Okay, which prompted my question. I feel like in the investment real estate space, the content, generally speaking, is like drinking out of a fire hose for someone who was just beginning. I want to start building wealth as early as possible. Being

1:43.8

24 I am saving daily and currently have around $17,000 liquid I feel comfortable

1:48.8

investing in my first property. I understand a ton more now than I did a few months ago, but some actionable first steps or training steps would be such a huge help. Love the podcast, Harrison.

...

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