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How to Get Started as an Apartment Real Estate Entrepreneur - by David Jackson

By now you know you want to be in the apartment buying business. The process is fairly simple if you consider this three step plan:

STEP 1 - Decide which horse you're going to ride:

First things first, before you can get started as a real estate entrepreneur, you have to know what you want to do. I know we all want to become insanely rich with commercial investments. But we have to have a focus. The questions to ask yourself are: Do you want to invest in duplexes, triplexes, quads? How about 10-units, 50-units, or 100-units? Are you interested in wholesaling, rehabbing, or retailing these properties? There are so many options. Trust me, you must have a focus or you will get caught in a web of great ideas that will lead you nowhere.

STEP 2- Don't get caught up in paralysis of analysis.

That's the worst success killer in the business. The best strategy is to learn the basics. Don't confuse this with learning everything there is to know before you do anything. It is not possible to expect to be an expert before you begin. It took me seven months...

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