Hi everybody. If anybody could point me to the right direction it will be greatly appreciated. I'm a 20-year-old male who is interested in REI. I have the startup money, but I’m wondering what should I do to start? I've studied and read books. I have some knowledge, but now I want to get into action.

Partner up with a mentor from your local real estate investors club.Not some one month a deal person unless that's all you aspire to be.If you want to be more find out who the big dogs are and be the gopher and learn while doing a few deals yourself on the side then eventually branch out on your own.

There are many different real estate investment avenues. What types of interests or skills do you have? Are you thinking about doing fix/flips? Long term investing? New Construction / Development? Plexes?

Most beginner investors I talk with think that buying a junky inexpensive house and fixing it is the way to go. While you can earn money if you know the market, know how to fix stuff, buy at the right time/price and sell quickly for more money….it can be very stressful and risky (especially for beginners).

Do you currently own your own property? This is a good place to stare. Have you thought about buying a duplex, triplex or quad??

You really need to visit your local investment club as super realter stated. But, experiencing the whole process in the field is valuable. You can then gauge what of real estate investment avenues to take.

Rehabbing and flipping houses is only partly about the deal. The more important factor is how fast you can get them fixed, show ready and on the market.

If you are looking to buy and hold, you can seek out cleaner properties, then lease option them for a period of time. In this case neighborhood and market knowledge is extremely valuable.

Your local rei club can help you determine what best fits your interest, time, and resources.

Would you explain how a "lease option" is good strategy for long term buy/hold?

seller financing such as lease options, wraps, contract for deed, etc are good long term buy/hold strategies.

youll find alot of buyers who can take over payments but just cant qualify today for standard financing. they will eventually qualify for a loan in 3-7 years but why not put them in this type of creative financing and let them take over payments subject to the existing mortgage. you can look up the term called "sub 2." this is a technique used by investors to get a quit claim deed and take control of a property and either lease option or flip the property via after repair value. there's some flaws using this strategy since it does violate the due on sale clause and triggers tax reassessments due to an unauthorized conveyance of real property.

theres a better, safer, ethical, legal way of doing this

Make sure you start generating leads. The more leads you have the more options you have.

Thanks for that POINTLESS helping of SPAM!