Real Estate Investing In 2016. If I Had to Start Over Tomorrow, Here’s What I’d Do

real estate investing 2016
Real Estate Investing in 2016

So, I’ve been in real estate investing for almost a decade. I made it through the crash in 2008 and have seen it all. So as you could imagine, I get asked all the time, knowing what you know now, what I would do if I had to start all over tomorrow?

Well, here goes.

1. I’d assess my cashflow:

The first thing you do when starting off in real estate investing is take stock of how much cash you have. Are you sitting on a fat bank account that allows you and your family to survive while you learn how to do this?

  1. What will your personal and business expenses be over the next 6 months?
  2. What’s your cost of living going to be?
  3. Are you like 31 and living with your ex girlfriend for free in her apartment?
  4. Do you have money to support yourself and your family? You’ll need it.
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