Where Is The Best Place To Start Real Estate Investing?
Dan Lok Show
Dan Lok
4.9 • 825 Ratings
🗓️ 28 May 2020
⏱️ 4 minutes
🧾️ Download transcript
Summary
You have head about investing on Real Estate but what are they not telling you? In this episode Dan will tell you where is the best place to start your investment on Real Estate and how to find it.
Transcript
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| 0:00.0 | So you have made the decision you want to get into real estate investing. |
| 0:19.0 | And you wonder where is the best place |
| 0:21.9 | to start real estate investing? |
| 0:23.4 | Now that's a very good question. |
| 0:24.8 | I wanna give you a very simple answer. |
| 0:27.9 | Now, I'm generalizing this, |
| 0:29.9 | but here's what you have to understand. |
| 0:31.6 | When it comes to real estate investing or any kind of investing, |
| 0:34.6 | you have to invest in something that you know. |
| 0:37.6 | The last thing you want is you buy a piece of property, |
| 0:40.0 | invest your first piece of property, |
| 0:42.1 | and you lose money. |
| 0:43.3 | We don't want that to happen to you. |
| 0:44.7 | Where do you know best? |
| 0:46.5 | Which market you think you know best? |
| 0:48.5 | Chances are, that's your hometown. |
| 0:51.1 | That's right, your hometown, your area. |
| 0:53.9 | Why? |
| 0:54.9 | Because chances are you've been living there |
| 0:56.2 | for a number of years, or you grew up in that neighborhood. |
| 0:59.6 | Even though if it is outside of that neighborhood |
| 1:01.9 | into other neighborhoods, but near the area, |
... |
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