To do it right, real estate investing takes time and preparation. But, “How do I get into real estate investing,” you ask? I’ll tell you right here. There are three main things you need to get into real estate. Although it sounds simple, these three things require that you put in a little bit of work before making your first investment.

Education. Learn the basics of getting into real estate. What are the benefits? What are the different investment strategies? Don’t forget to ask yourself if you have what it takes to get into real estate investing, too. Knowing what you can handle in your life is something you need to decide before getting into real estate investing. Completing your due diligence and understanding some of the challenges are all part of the education process. Education is more than just knowing where the properties are located and for how much they are selling.

Financing. Depending on what type of property you buy, what the seller requires, and in what state you buy, you will have to understand the different types of financing options. Unless you have enough cash readily available to purchase a property, take the time to get pre-qualified for a loan so you can show the seller you’re ready to go. The last thing you want is to lose a property because you didn’t have your financing in order.

Team of people. Having the right people on your side is one of the most important steps to being a successful real estate investor. Interview a real estate agent, contractor, property manager, and anyone else who will be involved in the process.

To read more about your first three steps click here.

The member portion of the web site teaches you everything about how to get into real estate. And once you’re there you will find the how, the why and even the where. HowManyDoors has access to turnkey properties that are ready for sale and not listed on MLS (based on availability).